TRENDLINES WORK IN FOREX TRADING?

TRENDLINES WORK IN FOREX TRADING?

Trendlines – Which then pushes price down again, making a new lower low.

As you can see from this example, these trends don’t always a precise level. Often, you’ll see price bounce before it hits the trend line, or push through slightly before falling back into the long term trend. As a result, trend lines should only be one weapon in your arsenal, don’t rely on them solely.

A few other questions I’m often asked about trend lines:

As you can see from this example, these trends don’t always a precise level. Often, you’ll see price bounce before it hits the trend line, or push through slightly before falling back into the long term trend.

TRENDLINES WORK IN FOREX TRADING? Can trend lines curve?

I’ve observed other educators (not on our site!) drawing free hand on their charts like this:

TRENDLINES WORK IN FOREX TRADING?

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