Trend Lines - Forex Vs Stock

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Wednesday, November 15, 2017

Trend Lines

Trend lines
                  They are probably one of the most underutilized ones as well.
If drawn correctly, they can be as accurate as any other method.


How do draw trend lines?

To draw forex trend lines properly, all you have to do is locate two major tops or bottoms and connect them. 

Types of Trends

There are three types of trends:
  1. 1-Uptrend (higher lows)
  2. 2-Downtrend (lower highs)
  3. 3-Sideways trends (ranging)

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