Support and resistance lines conform the most basic ... and start moving in the opposite direction. And even better: draw the lines, especially the horizontal ones using two lines, an upper ...
Horizontal support and resistance lines are referred to as “static,” while diagonal lines are referred to as “dynamic.” Two different investors might draw two different support lines ...
You have the right idea here...the pair is definitely in a downtrend. When drawing support and resistance or channel lines, however, we would want them to come into contact with the candles at ...
as they can indicate support and resistance levels. Lines can help you identify entry and exit points for your trades. Here ...
Horizontal support and resistance lines are referred to as “static,” while diagonal lines are referred to as “dynamic.” Two different investors might draw two different resistance lines ...