Chapter 5 – Trend Analysis & Chart Time Frame

Types of Trends There are three types of trends: Uptrend (higher lows) Downtrend (lower highs) Sideways trends (ranging) Here are some important things to remember using┬átrend lines in forex trading: It takes at least two tops or bottoms to draw a valid trend line but it takes THREE to confirm a trend line. The STEEPER […]

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