Trendline detailed discussion

Assalam alaikum dear members umeed ha ap sb khairiat se hn gy!dear members jesa k thread ka topic ha trendline to aj hum trendline ko study karen gy k trendline kia hoti ha or esy forex main kesy istmal kia jata ha.



What is trend?

Dear members jb hum forex market k chart pr nzr dalen to hamen market ksi aik simt main jaty hovy nazar ati ha. Market ki movement ki simt ko market ka trend kaha jata ha.
agr market opr ki simt main jaa rhi ho musalsal to esy uptrend kaha kata ha
or agr market nechy ki simt main jaa rahi ho to esy down trend kaha jata ha.



What is trend line?

Dear members jb market ksi trend main move kar rhi ho to aksr dekha jata ha wo aik line ko follow karti ha jisy trend line kaha jata ha.

Supporting trendline:

agr market up trend main ho to market higher highs or higher lows bnaty hovy opr ki trf jati ha or agr market k lows ko apas main milaya jay to aik line bnti ha jisy supporting trend line kaha jata ha.

Resisting trendline:

agr market nechy ki trf jaa rhi ho to market lower highs or lower lows bnati ha or agr market k highs ko apsa main milaya jay to market k opr aik trendline bnti ha jo k resisting trendline khlati ha.






esko resisting trendline es lye kaha jata ha k ye markey ko opr jany se resist karti ha.


Breakout of trendline:

Dear members jb market apny kisis trend ko change karti ha to market trendline ko break kr k apny previous trend se bhr nkl jati ha or esko trendline ka breakout kaha jata ha.
Jesa k agr market uptrend main ho or apni supporting trend line ko break kr nechy aa jy to ye trendline breakout ho ga or ohr es k bad trend change ho skta ha or marlet downtrend main ja skti ha.

Re: Trendline detailed discussion

What is a trendline, exactly?A trendline is a line drawn through a chart to indicate the direction of the trend. Trendlines are drawn on price charts to highlight the price trend in the context of trading. Traders use this data to decide whether to purchase or sell in the trending direction. A stock price, a foreign currency pair, or a cryptocurrency can all benefit from trendlines. One of the most well-known price action indicators in technical analysis is trend lines.What is the purpose of a trendline?A straight line linking a succession of swing highs or swing lows is the traditional approach to build a trendline. The swing lows are used to form an up-trend line, while the swing highs are used to draw a down-trend line. SPECIAL TRENDLINES GUIDELINESIs there a pattern?Using a trendline when there is no trend is the ultimate rookie mistake with trendlines that you should avoid. The name contains the clue!Looking at the chart below, it appears like the market is simply moving sideways. As a result, it's no surprise that none of these trendlines work.sideways trending trendlinesAction Forex is the source of this information.Angles of two trendlinesSome platforms have a trendline tool that displays the line's angle. This is known as 'Trendline by Angle' in Metatrader 4. The ideal trendline angle is 45 degrees. If the angle is greater than 45 degrees, the price is increasing too quickly and is likely to breach the trendline soon, even if the trend continues. How do you make a trend line?A trendline is produced by starting on the left side of the chart and drawing a line towards the right. A trend line must be drawn through at least three'swings' in the price to be genuine, according to the rule of thumb.To build an uptrend line, start on the left side of the chart with a swing low and connect it to a higher swing low.To create a downtrend line, start on the left side of the chart with a swing high and connect it to a lower swing high.How to Trade using Trend LinesWhat is the best way to trade a trend line? The concept of a trend line