How to Draw Trend Lines and Channels in Forex
A trend line connects swing lows in an uptrend or swing highs in a downtrend. Learn the drawing rules, how to add a channel, and how to plan a trade when a trend line breaks.
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A trend line connects swing lows in an uptrend or swing highs in a downtrend. Learn the drawing rules, how to add a channel, and how to plan a trade when a trend line breaks.
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A demand zone is a small area where buyers stepped in and sent price sharply higher. Learn how to draw it, check its quality and trade the return to the zone with a defined stop.
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Pivot points turn yesterday's high, low and close into five levels for today. Learn the formulas with a worked example, how traders read the levels and a pivot bounce trade with a stop and a target.
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