Dec 29

Lines of trends, support and resistance Posted By : Tomas Anderson

Category: Forex


Lines of trends, support and resistance Posted By : Tomas Anderson
A trendline is a main initial element for the price chart analysis. While the market moves in any direction not along a straight line but along a zigzag, the mutual placement of upper and bottom points of those zigzags permits to plot a line connecting the significant highs (peaks) or the significant lows (troughs) of an appropriate zigzag using technical tools of the computer program.

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