what is trendline and it's uses:

What is trendline and it's uses:

Assalam alaikum dear forum members! umeed karta hun aap sb khair khairiat se hn gy or apki trading bahut achi jaa rahi ho ge. dear members aj ki post main hum trendline ko detail se study karen gy k ye kia hoti ha kaisy bnti ha or esko use kesy kia jata ha analysis or trading main. What is Trendline? Dear members forex main jb qeemten aik trf opr ya mechy jaa rahi hoti hain to es direction ko qeemton ka trend kaha jata ha. or ksi bhi trend main market blkul seedha ni jati bl k thori bahut retracement le k opr nechy ho k jati ha. eska mtlb ha k market lows or highs bnati ha or in lows or highs ko mila k aik line banti ha jsko trendline kaha jata ha. dear members jesa k market ki opr or nechy taraf 2 directions hoti hain to estrha trendlines bhi 2 types ki hoti hain.

Resisting Trendline Supporting Trendline

in dono types ko nechy tafseel se bayan kia gaya ha. Resisting Trendline: Dear memners jb market main qeemtain nechy ki trf jaa rahi hoti hain to market lower highs or lower lows bnati hai. or agr highs ko highs se milaya jay to aik trendline banti ha jo k falling trendline hoti ha or esko resisting trendline kaha jata ha. or ye market ko opr nklny se rokti ha jb tk market es trendline ko follow karti ha to market downtrend main rhti hai. how to trade it? Dear members es main hum sell ki oppertunities talash karty hain q k market downtrend main hoti ha. jb market apni es trendline ko touch karti ha to yahan se rejection k bad hum sell karty hain or hmara stop loss trendline se opr hota ha. Supporting Trendline: Dear members jb market up trend main opr ki trf jati ha to market higher highs or hogher lows bnati ha agr in lows ko apas main milaya jay. to aik rising trendline banti ha jo k market ko necjy girny se rokti ha or estrha jb tk market es trendline ko follow karti ha to market uptrend main rhti ha.Dear members jb market up trend main opr ki trf jati ha to market higher highs or hogher lows bnati ha agr in lows ko apas main milaya jay. to aik rising trendline banti ha jo k market ko necjy girny se rokti ha or estrha jb tk market es trendline ko follow karti ha to market uptrend main rhti ha. How to trade it?Dear members es main market uptrend main hoti ha to hum srf buy ki entries hi lety hain. jb market nechy aa k supporting line ko touch karti ha to yahan se rejection k bad hum buy ki trade letyy hain or hmara stop loss es trendline k nechy hota ha.

What is Trendline Asslaam.o.alikum dear forex member umeed karta hun k ap theek hun gay or achy tariqy sy apna kaam kar rhy hun gay dear jaisa k ap janty hain Trendline ek aham tool hai jo forex market mein istemal hota hai. Ye ek straight line hoti hai jo price chart par draw ki jaati hai, jis se price ki direction ya trend ka pata chalta hai. Trendline ko chart par price points ke beech mein draw kiya jata hai, jahan par price ka trend change hota hai. Ye support aur resistance levels ko identify karne mein madad karta hai. How to create Trendline Dear member Trendline banane ke liye, aapko do significant points ko connect karna hota hai. Agar uptrend hai toh, aapko do low points ko connect karna hai, jabki downtrend mein, do high points ko connect karna hota hai. Ye line price ke movement ko visualize karne mein madad karti hai. Explanation of Trendline Support aur Resistance .Trendline support aur resistance levels ko identify karne mein madad karti hai. Agar price trendline ko break karke neeche jaata hai, toh ye ek possible support level ho sakta hai. Aur agar price trendline ko upar jaata hai, toh ye ek resistance level ban sakta hai. Trend Direction: Trendline se price ke trend ki direction ka andaza lagaya ja sakta hai. Agar trendline neeche ja rahi hai, toh ye downtrend indicate kar sakta hai, jabki trendline upar ja rahi hai toh ye uptrend ko darshata hai. Entry aur Exit Points: Trendline ki madad se traders entry aur exit points tayyar kar sakte hain. Agar price trendline ko cross kar raha hai, toh ye ek entry ya exit signal ho sakta hai, iske saath hi stop-loss ko set karne mein bhi help milti hai. Trend Reversals: Trendline trend reversals ko identify karne mein bhi kaam aata hai. Jab price trendline ko cross karke opposite direction mein jaata hai, toh ye trend reversal ka sign ho sakta hai. uses of Trendline Trendline ka istemaal karne ke liye, traders ko price movement ko dhyaan se observe karna hota hai. Price chart par trendline draw karke, price points ko connect karne se trends ka pata chalta hai. Trendline ke break ya bounce ke signals ko samajh kar, traders apne trading strategies ko improve kar sakte hain. conclusion Dear member Forex market mein, trendline ek ahem technical tool hai jo price movement ke patterns aur trends ko samajhne mein madad karta hai. Trendline ke istemaal se traders support aur resistance levels ko find kar sakte hain, trend direction ka pata laga sakte hain, entry aur exit points tayyar kar sakte hain, aur trend reversals ko identify kar sakte hain. Isliye, trendline ko samajhna aur istemaal karna forex trading mein kamiyabi ke liye zaroori hai.

Yes no doubt it is very good sign and good way to do good trading Basically Trendlines are easily recognizable lines that traders draw on charts to connect a series of prices together or show some data's best fit. The resulting line is then used to give the trader a good idea of the direction in which an investment's value might move. A trendline is a line drawn over pivot highs or under pivot lows to show the prevailing direction of price. Trendlines are a visual representation of support and resistance in any time frame. They show direction and speed of price, and also describe patterns during periods of price contraction Key features.... Trendlines indicate the best fit of some data using a single line or curve. A single trendline can be applied to a chart to give a clearer picture of the trend. Trendlines can be applied to the highs and the lows to create a channel. The time period being analyzed and the exact points used to create a trendline vary from trader to trader. The trendline is among the most important tools used by technical analysts. Instead of looking at past business performance or other fundamentals, technical analysts look for trends in price action. A trendline helps technical analysts determine the current direction in market prices. Technical analysts believe the trend is your friend, and identifying this trend is the first step in the process of making a good trade. e.g If company A is trading at $35 and moves to $40 in two days and $45 in three days, the analyst has three points to plot on a chart, starting at $35, then moving to $40, and then moving to $45. If the analyst draws a line between all three price points, they have an upward trend. The trendline drawn has a positive slope and is therefore telling the analyst to buy in the direction of the trend. If company A's price goes from $35 to $25, however, the trendline has a negative slope and the analyst should sell in the direction of the trend.