Learn How to Trade Trend Lines in 60 Seconds ⏰📈

16 hours ago
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1️⃣ Identify the Trend:

Uptrend: Draw a line connecting the lows.
Downtrend: Draw a line connecting the highs.
2️⃣ Key Points:

Support: Price bounces off the trendline (uptrend).
Resistance: Price hits and reverses from the trendline (downtrend).
Breakout: If price breaks through the trendline, expect a potential trend reversal.
3️⃣ Trade It:

Buy when price touches and bounces off an uptrend line.
Sell when price touches and reverses from a downtrend line.
4️⃣ Risk Management:

Set stop-loss below the trendline for buys or above for sells.
Master trendlines to identify solid entry points! 🚀

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#TrendLines #Forex #DayTrading #TechnicalAnalysis

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