I Talked in previous article about the kinds of trend lines , in this article I'll show you how to draw the trend line
? How to draw trend line correctly
The Trend Line is a line has been drawn by linking the consecutive lowest levels with each other , or linking the highest levels with each other. the correct way is determining the highest price during this day and link it with the highest price during yesterday , as well determining the lowest price during this day and link it with the lowest price during yesterday , that in order to expect the price tomorrow
. You can draw Trend Line by Clicking this button Below
Trend Line Button
Let's Draw Up trend
Draw line to connect between the lowest prices that made it by the currency pair on the chart (it will be up trend line) .The lowest prices called "valleys" ,mostly we'll find its where support areas . watch below picture , you can see the prices move up of trend line and indicates that trend is raising
Let's Draw Down Trend
Draw line to connect between the highest prices that made it by the currency pair on the chart (it will be down trernd line) .The highest prices called "peaks" , mostly we'll find its where resistance areas . watch below picture , you can see the prices move down of trend line and indicates that trend is falling
Let's See The Sideways Trend Lines
Draw line to connect between the highest prices and Draw line to connect between the lowest prices , you'll find the sideways trend as below in the picture
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