A line chart represents a sequential connection of closing prices over a certain trad

A line chart represents a sequential connection of closing prices over a certain trading period.


Therefore, the line illustrates the price movement of a currency pair in a set time frame. For example, it can be one-minute chart (M1), five-minute chart (M5), fifteen-minute chart (M15), and so on. This is the roughest type of depicting a price movement because it is formed only by taking into account the closing prices while other prices are not considered. Line charts are commonly used to identify general trends for a given time frame. It is not very useful for trading.

Re: A line chart represents a sequential connection of closing prices over a certain

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