Forex eBook

Trendlines: Supporting the Price Movement Forex eBook



Automated TrendLine contain two trendlines (support and resistance trendline), calculate the most relevant trendlines by connecting the most important areas on the market.

Trendlines: Supporting the Price Movement Forex eBookAn important concept in technical analysis is the determination of the trend of the market. In last month’s technical analysis article titled ‘Determining the Direction and Strength of a Trend’, we have looked into how to determine the direction and strength of the trend using an indicator called ADX.

This article will further elaborate on this important facet of classical technical analysis with a detailed study of trendlines.

Download Trendlines: Supporting the Price Movement Forex eBook

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