What are Trend Lines Forex Signals? - What Do Trend Lines Signals Mean?
A trendline on a forex chart is used to indicate the general direction of the prices - upwards or downwards.
Forex trendline signals are when the price touches the trend line - when the price touches the trend line then this is interpreted as buy signal or a sell signal
When price touches the up-ward trend line it means this is a buy signal and traders will use this up-wards trendline point to open buy trades. The trades are then held open as long as the market prices remain above the upwards trend.
What are Trend-Lines Signals? - What are Trend Lines Forex Signals? - What Do Trend-Lines Signals Mean?
When price touches the downwards trend line it means this is a sell signal and traders will use this downward trend line point to open sell trades. The trades are then held open as long as the prices remain below the downward trend.
What are Trend Lines Signals? - What are Trend-Lines FX Signals? - What Do Trend-Lines Signals Mean?
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