A line emphasizes market trend and provides as a web trading strategy. Trend lines are lines connecting 2 or a lot of lows or 2 or more highs, with the lines estimated out into the future.
It is the fundamental and essential tool in the technical stock/forex/futures trader’s toolbox to use on currency pairs.
Trend lines have the latent to alert a trader during a pullback is over and the trend is continuing, or when a trend picks up the pace or reversing.
Price charts have a propensity to produce a lot of price waves and unsystematic movements that create it hard to highlight new trends when they are formed.
