“Unlock the Secrets of Forex: Simple Technical Analysis Tips to Transform Your Trading Game!”
It’s important to note that support and resistance levels are not always set in stone and can change over time. Traders should regularly review these levels and adjust their trading strategies accordingly.
Trends
A trend in forex trading refers to the general direction that a currency pair is moving in. Trends can be either upward (bullish), downward (bearish), or sideways (consolidating).
An upward trend, also known as a bullish trend, is characterized by a series of higher highs and higher lows, indicating that the price is generally moving higher.