Trend lines can be used to trade, if it closes beyond those trend lines trade can be taken respectively
Trend lines can be used to trade, if it closes beyond those trend lines trade can be taken respectively
We can use the channel lines as support and resistance or short term trade positions
We can use the channel lines as support and resistance or short term trade positions
If it closes above the line, we can expect it to rise Otherwise we can use this line as intraday sell zone
Can use the lines as Support and Resistance zones If it closes beyond those lines, we can expect a breakout These zones can be used as short term trades
We can use the channel lines as support and resistance or short term trade positions
If it closes above the line, we can expect it to rise Otherwise we can use this line as intraday sell zone