Trend lines in Forex Trading are probably the most common form of technical analysis. They are probably one of the most underutilized ones as well.
If drawn correctly, they will be as accurate as any other method. Unfortunately, most traders don't draw them correctly or try to make the line fit the market instead of the other way around.
In their most basic form, an uptrend line is drawn along the bottom of easily identifiable support areas (valleys). In a downtrend, the trend line is drawn along the top of easily identifiable resistance areas (peaks).
How do you draw trend lines?
To draw trend lines properly, all you have to do is locate two major tops or bottoms and connect thYep, it's that simple.
Here are trend lines in action! Look at those waves!
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