How to Have a Profitable Trading Method

In trading, there are two analyzes that are often used by traders, namely technical analysis and fundamental analysis. Technical analysis is considered to have more tools than fundamental analysis. However, because it is quite difficult to use, it requires a deep understanding to be able to use it properly.

IMPORTANT THINGS IN TECHNICAL ANALYSIS

Basic Concepts of Forex Technical Analysis

This type of forex analysis is used as an analytical method that is able to estimate the direction of future price movements by studying market price data in the previous period that has been formed on the chart.

Trendline Concept In Forex

The trendline is one of the basic tools that is important to know to help traders recognize potential profits in forex trading by simply drawing a line (trendline). With a trendline, traders can find support and resistance levels as well as their combination with the best indicators to look for sell or buy opportunities.

Concept of Support and Resistance Forex Trading

Understanding of support and resistance is very important to be able to mark price locations that may experience significant movements.

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