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I think trendline is nothing but only the direction of the market and in which direction the market is flowing and to draw a trend you only have to lines from either the consecutive lows or the highs of the market then this line will give you the direction of the market..Trend line is a hand of price action this strategy is most working and as like 80% working strategy is price action if you can trade with price action then hope you will be a good trader easily and will be a professional trader in forex market.
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While the power of using trend lines is often not rigorous, it gives you an tune of the resemble tense actions of a trending presentments dryad. Trend lines are a canonical division of abstract analysis.
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market aapko kisi kahss time or din ka market ka trends ek market trend line say show karti hai ager wo trends sahe hu to 100% wasa he hota hai aan mumkin hai k market os trends say b zayda movment kar dy os tarf ki mager lazme nhe hai k ya trend her bar , her waqat aur her curreny pairs per work kary,
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Trendline is used for trading and when we invest money on it then it moves according to the statistics of the market. If the statistics of the market goes up then it will also move upward.
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I think the trendline is a line of our own making that link the few candles that will make a slash. and that which makes us know where prices will move. when the price meets the boundary, then we have to create a new line again.
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A line that's drawn over pivot highs or below pivot lows to point out the prevailing direction of value. Trend lines ar a visible illustration of support and resistance .While the science of victimisation trendlines is commonly not precise, it offers you a concept of the approximate future actions of a trending currency combine. Trendlines ar a basic a part of technical analysis.
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trading ki market ko dhekne k bohat sare tariqe hen un mese 1 trand line bhi he trend line ka matlab he k market jis tarf ko jae trend line usko show kare agar market up jae to trend line oper ki tarf bane and market down jae to trend line down ki tarf bane trend line se acha candle stick patren hota he ku k usme apko clearly samjh a jata he k market kidr ko move ho rahi he or kia ho raha he market me
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Trendline jo hai yai ek meta trader 4 ka tool hota hai jisko use karne sai hame pata chlta hai ki market ka jo trend hai wo kis or jaa raha hai or future main kya hoga isiliye yai trend line hamare charts per use ki jaati hai
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trend line is very important for finding technically analysis. it is usesd to draw lines for chart patterns, for getting pivot and support and risistance pont.
And it gives you an idea of the approximate future actions of a trending currency pair
