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The Easiest Synthetic indices and Forex Strategy Ever | The Touch Strategy
3 years ago
32
The trendline strategy is a method of analysis that seeks to determine if a stock price trend will continue by finding the slope of that trend line. This method focuses on the linear characteristics of a stock price chart and ignores any other features, such as periods of consolidation or volatility.
The trendline strategy is a method of forecasting. It involves predicting that changes in the economy will continue in the same direction as they have been going in the past. This is usually done by drawing a line through points on a chart
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