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  1. Trend line helps to identify main price direction during a certain period of time. If placed correctly it will provide answers to: Where to enter the market? What direction to enter: up or down? When to exit or be prepared to exit? So, starting with a plain candle stick chart graph Fig. 1: plain price chart of EURUSD Trends are made up of waves.

  2. • A pattern is bounded by at least two trend lines (straight or curved) • All patterns have a combination of entry and exit points • Patterns can be continuation patterns or reversal patterns • Patterns are fractal, meaning that they can be seen in any charting period (weekly, daily, minute, etc.)

  3. 24 CHART PATTERNS & CANDLESTICKS ~ CHEAT SHEET 2 INTRODUCTION This is a short illustrated 10-page book. You’re about to see the most powerful breakout chart patterns and candlestick formations, I’ve ever come across in over 2 decades. This works best on shares, indices, commodities, currencies and crypto-currencies.

  4. As you become experienced in technical analysis, you will find the drawing of trend-lines invaluable in clearly identifying Channels, Support & Resistance Levels, Pull-backs, Fan Patterns, Break-Outs, Rallies, Corrections, and a whole host of other chart patterns.

  5. In this post, we will explore what chart patterns are and how you can incorporate them into your own trading. Whether you are an experienced trader or new to the world of trading, understanding and utilizing chart patterns can greatly improve your trading outcomes. NOTE: Get your Chart Patterns PDF Below.

  6. Learn how to draw your Forex trendlines correctly and how to use them to find accurate trades along with a free PDF guide.

  7. Trend lines are straight lines that connect two or more price points on a chart to identify and confirm trends. In technical analysis, trend lines are a fundamental tool that traders and analysts use to identify and anticipate the general pattern of price movement in a market.

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