How to interpret the trend line in the speculative foreign exchange

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forex trad Whatisforexrebateg market in the r forexrebatenetworking What is forex rebate of an adjustment down is inevitable, but speculative foreign exchange in this phenomenon is often just close to the rising trend bestforexrebate; in the downward trend of an adjustment up is inevitable, but this phenomenon is often just close to the falling trend line only cashback forex the trend line is effectively broken when the trend will turn what kind of trend line is Important when the line has not been touched for a longer period of time or the more times it has been tested, the more important it is and the more decisive it is for the trend; on the contrary, when this important trend line is broken, the significance is even greater, pay close attention to the fact that sometimes there will be a day when the price point breaks the line, but as long as the closing price of the day returns above the line, the breakthrough can be considered invalid What is meant by an effective breakthrough? It is when the closing price break the trend line of up to 3% and time in more than 2-3 days once the rising or falling trend line is broken, their role will be swapped support into resistance, resistance into support for anything in the foreign exchange market may go to its opposite In addition, the slope of the trend line is also very important when the slope of 45 degrees is the most meaningful The slope reflects the rate of rise or fall just from the price and The perfect balance between the two aspects of time, such as the slope is too steep, indicating that the rise or fall is too fast, generally difficult to sustain, such as a broken trend line, it means that the original trend slope will be adjusted to 45 degrees, rather than a reversal of the trend; such as too flat, indicating that the trend is weak and unreliable and will evolve into no trend sometimes to adjust the trend line to accommodate the trend becomes slower or faster, the market always has several different time price trends coexist, so you can accordingly use several different trend lines to distinguish between the various levels of trend

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