Greetings to you free of our loyal readers ..
This time free fx would like to invite you to learn how to detect a pattern of price will be run by making the price line so that you will know which direction prices will go.??
We all agreed that the actual forex price could have been predicted where he would run but with a note you should know exactly how to take the point to take the line
To know which way the price of forex prices by drawing a line there are several steps that must be performed
First
Determine or find the highest or lowest point at least two points before the current price
See the picture below
Notice the arrows that appear in the image ....!!
In the picture there are two green lines, each of which is taken as a pattern by taking two points above the highest minimum and lowest as a reference to draw the line
Furthermore, after the two lines we get the second step is to create the same line in the same way but this time we are looking for the opposite
Second
When you are above the line that leads to the rise and now we draw a line down toward the point is to determine the level of price reversal as well as to detect whether or not the trend that we just get it to happen or not ..?
As seen in the second image is a combination of the formation of the first line as a single image and then added a second line formation so finished as the second picture.
When we refer to the pattern already established trendline then we may draw the conclusion that the previous trend is Bullish likely will soon be heading reversal (Under normal market conditions)
Based on this we shall take a decision to sell soon because the price will soon experience a reversal of the trend
Guidelines to create a trend line forex price
- Determine at least two lowest point and the highest point of at least two
- It would be nice if you could specify more than two points of support and resistance as such because the more valid
Well friend so glimpse on how to make the price trend line in forex if any questions please fill in the comment form and we can discussion there
Freedom greetings to us
