Hi friends hope you all are fine. According to my opinion A trendline is a simple line drawn through a point of the candlesticks, be it the top, bottom or middle of the candle. It’s as simple as that.
Trendlines are one of the most important tools of technical analysis as they the basis for many other technical trading concepts and patterns. In fact, nearly all technical traders use trendlines, even if they’re not visually representing it, and most do so subconsciously. Best wishes. Thanx: tob
Trendlines are one of the most important tools of technical analysis as they the basis for many other technical trading concepts and patterns. In fact, nearly all technical traders use trendlines, even if they’re not visually representing it, and most do so subconsciously. Best wishes. Thanx: tob
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