What's new

E 2. Support and Resistance Zone on EURUSD cha

KINGDONG

New Member
Trend lines are the diagonal lines connecting the lows of the candlesticks in an uptrend and the high
of
the candlesticks in a downtrend. It is one diagonal form of support and resistance levels. It is drawn
when the price moves in a zigzag direction but is continuing in one direction of the trend. When the
market is in bullish momentum, levels of resistance form, and the trendline is drawn by connecting a
series of low peaks moving in an upward direction, while in a downtrend, a trendline can be
 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Similar threads

Users Who Are Viewing This Thread (Total: 1, Members: 0, Guests: 1)

Top
AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock    No Thanks