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How To Spot Trendline Break in Forex Trading?
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[QUOTE="moonchild, post: 333592, member: 57467"] How do you know if a trend line is broken or not, in this short article we will be looking at exactly the meaning of that, for a trendline to break some this has to be in place else it is still intact and trades can be taken off it. You know a trendline is broken is price goes 3% below a trendline, for example.if price is currently at 2000 and it drop to 1998 that's like 2% approximately, the trend is still active but if it goes below that then it has broken and you should start looking for opportunities at the other side. [/QUOTE]
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How To Spot Trendline Break in Forex Trading?
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