Malaysia

2025-04-28 11:42

IndustryThe reliability of a trend line increases with the
#CurrencyPairPrediction The reliability of a trend line increases with the number of times the price touches and respects it. Each touch validates the trend line as a significant area of buying or selling interest. A trend line with only two touches can be considered a potential trend line, but it lacks strong confirmation. The third touch is often seen as the minimum requirement for a trend line to be considered valid. Subsequent touches further reinforce its significance, suggesting that the established trend has a degree of persistence and that market participants are consistently reacting to those price levels. However, it's also important to remember that even trend lines with multiple touches will eventually be broken. The more validated a trend line, the more significant a breakout from it can be.
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The reliability of a trend line increases with the
Malaysia | 2025-04-28 11:42
#CurrencyPairPrediction The reliability of a trend line increases with the number of times the price touches and respects it. Each touch validates the trend line as a significant area of buying or selling interest. A trend line with only two touches can be considered a potential trend line, but it lacks strong confirmation. The third touch is often seen as the minimum requirement for a trend line to be considered valid. Subsequent touches further reinforce its significance, suggesting that the established trend has a degree of persistence and that market participants are consistently reacting to those price levels. However, it's also important to remember that even trend lines with multiple touches will eventually be broken. The more validated a trend line, the more significant a breakout from it can be.
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