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28 December 2020,07:56
Analysis
28 December 2020, 07:56
Trendlines
“The trend is your friend” is a quote used often by traders and the theory behind it is simple; it’s perceived as easy to make money trading in the same direction as the trend.
An uptrend line (successive higher highs and higher lows) is depicted as a line drawn along the bottom of easily identifiable support areas.
In a downtrend (successive lower highs and lower lows), the trend line is drawn along the top of easily identifiable resistance areas.
Channels
Channels can be seen as adding a dimension to the trend line theory we referred to earlier
A channel is created simply by drawing a parallel line at the same angle of the uptrend or downtrend to create a channel.
[This should be done at the same time you created the trend line]
When prices hit the bottom trend line this may be used as a buying area
When prices hit the upper trend line this may be used as a selling area
Berdagang forex, indeks, Logam banyak lagi pada spread rendah industri dan pelaksanaan sepantas kilat.
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