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Forex Trend Lines and Analysis Tools by Siva Kalimuthu is a document available to read on EtoBox.

What is Forex Trend Lines and Analysis Tools about?

Trend lines are an important technical analysis tool used to identify trends and support/resistance levels. An uptrend line connects two or more low points on an upward sloping line to indicate increasing demand supporting higher prices. A downtrend line connects two or more high points on a downward sloping line to show increasing supply pressing prices lower. Trend lines are more valid the more points they are drawn through, with three points often used to confirm a trend line. The document discusses guid

Author

Siva Kalimuthu

Language

EN