Beginning Forex Traders Step-By-Step Guide Backtest & Strategy
Traders can draw an upward trendline by connecting the higher swing lows or a downward trendline by connecting the lower swing highs. When the price breaks above an upward trendline, it signals a potential uptrend, and traders can enter a buy trade. Conversely, when the price breaks below a downward trendline, it signals a potential …
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