I talked in previous article about : what is the technical analysis in forex
I'll complete articles series about Technical Analysis in forex , and at the beginning I'll start explaining
?How to draw Trend Lines
Trend Lines definition : the trend reflects prices movements case whether up or down ,these trend lines on the charts are from technical analysis basics because its from most strongest tools which give us honest feeling about the true trend and the prospects for change it
Kinds of Trend Lines
If we look at any chart for any currency pair ,if we moved our eyes from left to right , we will notice automatically flexible formation consists us , this formation called Trend
: There're 3 kinds of Trend Lines
Up Trend
Up Trend
Up Trend Meaning that the currency pair price moves above the bullish line and also the meaning is the prices are rising
Down Trend
Down Trend
Down Trend Meaning that the currency pair price moves under the bearish line and also the meaning is the prices are falling
Sideways Trend
Sidways Trend
Sideways Trend Meaning that the currency pair price moves at narrow range and limited in area,and also the meaning is recession happen at prices movements
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