Tuesday, 2 June 2015

TRADE EXAMPLE : USE OF LINES & PATTERNS TO TRADE



Given below  is the example of how drawing TL, TCL and various patterns are useful in trading. There are other things also like Major Trend Direction, Strength of Move, Major Support / Resistances etc which need to be taken into consideration.

I will cover those points in coming posts.

In the example given below, there can be many other trades too which I have not shown here. What is important to note down here is the use of various lines and patterns in trading.

 

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