Tag Archives: forex trendline trading
What are Trend Line?
Investopedia defines Trend Line as a line that’s drawn over pivot highs or below pivot lows to indicate the existing trend of price. Trend lines are a visible illustration of support and resistance in any time period. Trendline trading is quite popular among traders worldwide.
Trendlines are used to indicate trend and velocity of price. Trendlines additionally describe patterns all the way through sessions of price contraction.
Trend lines express three dissimilar however