Forex : Line Chart

This chart is available in Metatrader program , you can choose it as below in picture 


? What is Line Chart

Line chart is the most chart viewed before in many times 

: Used in 

Using always in clarifying closing price data on the chart 

: Shape of the chart 

Plugged into the line from closing price to new closing price constantly 


: Line Charts Benefits 

If we follow the price movements on the chart for a period  we can determine the places of resistance and support for the prices by drawing called channels

I will explain the resistance and support and the channels in next articles - 

This chart is good for expecting price trend not the point of  buying or selling - 

1 comment:

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