Price patterns are identified using a series of lines or curves, it is helpful to understand trend lines and know how to draw them. Trend lines spot areas of support and resistance on a price chart. straight lines drawn on a chart by connecting a series of descending peaks (highs) or ascending troughs (lows). An up trend line, occurs where prices are experiencing higher highs and higher lows. The up trend line is drawn by connecting the ascending lows called a down trend line which occurs where prices are experiencing lower highs and lower lows.

1 Comment
  1. Naresh 5 years ago

    Hi,
    Thanks for your detailed information about price pattern

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