Trade on Forex binary options. The Trend lines indicator on “breakdown”
Trend lines, support and resistance
Trend Lines (Support, and Resistance) help identify the trend direction and the reversal points. There are three types of trends: “bullish” (price rise), “bearish” (price fall), “sideways” (price without change).
Why do we need it?
Defines direction of future price movements.
Determines the strength of the trend.
Defines the entry points.
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