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Let’s Fix Your Trendlines And Erase Subjectivity! #trading #forex #shorts



Trendlines are so subjective! It’s just a line, which can be drawn at so many different angles by each different trader. My suggestion to correct that is this: Use the parallel tool instead! It will give you an area instead, a TrendArea! This way, you can cover more space, take wicks into account and avoid fakeouts! It can also give you better stoploss and rate your own entry based on 3 stages if entry was either on upper, middle or lower line of the parallel channel
And secondly, make use of the Regression tool as well as it’ll draw you an automatic trending channel, just make sure to extend it

#forex #trendline #trendlinestrategy #howtotradeforex #tradingtips #technicalanalysis

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The post Let’s Fix Your Trendlines And Erase Subjectivity! #trading #forex #shorts appeared first on Gyanshare.



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Let’s Fix Your Trendlines And Erase Subjectivity! #trading #forex #shorts

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