Of things very important in technical analysis is to draw trend lines to take advantage of them, and know when to break, to take advantage of the fraction
There are two types of Alturndat:
Uptrend
Are drawn from the lowest points in the direction of the upward trend and this works as support can make purchases from him as long as the trend is not broken
But if it is broken, this trend line resistance can be works of his own to sell when the return of the price for him to re-test
Downtrend
Are drawn from the top two points in the downward trend, and this trend is working resistance can be has to do to sell as long as the trend is not broken
But if it is broken, this trend line support work can be done has to buy at a return of the price for him to re-test
[EMBED]<iframe title="YouTube video player" class="youtube-player" type="text/html" width="480" height="390" src="http://www.youtube.com/embed/kzeCJDJ6lQg" frameborder="0"></iframe>[/EMBED]
The trend line is not sharp or flat, Bmnay to be close to the angle of 45 degrees, preferably not less than 20 degree angle so as not to be a trend very extraversion
The aim of this is that the trend is the sharp effective and easily broken, either when the trend is close to 45 degrees, it would have been a
There are two types of Alturndat:
Uptrend
Are drawn from the lowest points in the direction of the upward trend and this works as support can make purchases from him as long as the trend is not broken
But if it is broken, this trend line resistance can be works of his own to sell when the return of the price for him to re-test
Downtrend
Are drawn from the top two points in the downward trend, and this trend is working resistance can be has to do to sell as long as the trend is not broken
But if it is broken, this trend line support work can be done has to buy at a return of the price for him to re-test
[EMBED]<iframe title="YouTube video player" class="youtube-player" type="text/html" width="480" height="390" src="http://www.youtube.com/embed/kzeCJDJ6lQg" frameborder="0"></iframe>[/EMBED]
The trend line is not sharp or flat, Bmnay to be close to the angle of 45 degrees, preferably not less than 20 degree angle so as not to be a trend very extraversion
The aim of this is that the trend is the sharp effective and easily broken, either when the trend is close to 45 degrees, it would have been a