Trend line Trade Strategy
Trendlines and Their Types: Strategic Use in Forex Trading
The trend line bounce pattern is classified as a continuation setup, wherein the price successfully rebounds off the established trend line and proceeds onward in the trend's original direction.
Trend-Line Bounce Trend Line Strategies
- In an upward trend, the price will bounce upward after hitting this upwards trendline level which is the support level.
Upward Trend - A Trend-Line Bounce Pattern occurring after the Support Areas defined by the Upward Trend Line are contacted.
Classification of Trend Lines Based on Bouncing off an Upward Trajectory - Trend Trading Using Upward Trend Line Bounces
Trend Line Bounce Trend Line Strategies
- In a downwards trend, the market will bounce down-ward after hitting this trendline level which is the resistance level.
Down Trend - Trend-Line Bounce Pattern After Touching The Resistance Areas Shown by the Downward Trend-Line
Down-wards Trend-Line Bounce Types of Trend-Lines - Trading a Bounce Off a Downward Trendline - Ways to Trade a Bounce Off a Down Trendline
Various Types of Trendlines - Strategies for Trend Lines
The trendline break pattern signifies a reversal, occurring when the market penetrates the existing trend line and commences movement in the diametrically opposite direction.
Trend-Line Break Types of Trend Lines
When a up trend-line pattern is broken then the market sentiment reverses & becomes bearish
Upwards Trend-Line Break Types of Trendlines - Up Trend Line Break Trading - Up Trend Line Reversal Trendline Strategies Methods
Trend-Line Break Types of Trend Lines
A breach of a downward trend line fundamentally alters market sentiment, causing it to pivot towards a positive (bullish) outlook.
Down-wards Trend-Line Break Types of Trend-Lines - Trading a Break of a Downward Trend Line - Ways to Trade a Reversal of a Down Trendline
Note: for very strong trend patterns, after this trend-line break reversal pattern, the price will consolidate for a period of time before moving in the opposite market direction. For short term market trends then this trendline reversal setup will mean price may reverse immediately.
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