Forex Lesson: What Is the Best Way to Draw Accurate Trend Lines?

Trend lines are one of my favorite ways to determine the strength of a trend.

The way a market tests these levels and even how often can indicate whether momentum is strengthening or waning.

But trend lines are only useful if placed correctly. Otherwise, you could find yourself missing opportunities or worse, getting caught on the wrong side of a market.

With that said, drawing diagonal levels isn’t an exact science.

There are usually multiple ways to interpret the proper placement, which is what makes trading such a subjective business.

So while I can’t show you the only way to do it, I can give you a few pointers that have helped me over the years.

Source:
Justin Bennett
Daily Price Action
Justin@dailypriceaction.com
Daily Price Action
43836 Laburnum Sq Ashburn, Virginia
20147 United States
(240) 778-3679



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