Trend Line Analysis
Analysis Methods of Trend-Lines
The trendline bounce is a continuation signal where xauusd price bounces off this trend-line to continue heading in same direction as that of the trend.
Trend Line Bounce Analysis in Up Trend
- In an upwards move, the price will bounce upward after hitting this upwards trendline level which is the support level.
Upward Trend - Trend-Line Bounce after Touching Support Levels Provided by Upward Trend-Line
Upwards Trend
Trend Line Bounce Analysis in Down Trend
- In a downward move, the market will bounce down ward after hitting this level which is the resistance zone.
Downwards Trend - Trend-Line Bounce after Touching The Resistance Areas Provided by Downward Trend-Line
Downward Trend
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