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Learn How to Trade Trend Lines in 60 Seconds ⏰📈
Discover why so many successful traders trust Deriv!
🔥 Open your FREE Demo Account today: https://bit.ly/3Rnmgod
1️⃣ Identify the Trend:
Uptrend: Draw a line connecting the lows.
Downtrend: Draw a line connecting the highs.
2️⃣ Key Points:
Support: Price bounces off the trendline (uptrend).
Resistance: Price hits and reverses from the trendline (downtrend).
Breakout: If price breaks through the trendline, expect a potential trend reversal.
3️⃣ Trade It:
Buy when price touches and bounces off an uptrend line.
Sell when price touches and reverses from a downtrend line.
4️⃣ Risk Management:
Set stop-loss below the trendline for buys or above for sells.
Master trendlines to identify solid entry points! 🚀
Discover why so many successful traders trust Deriv!
🔥 Open your FREE Demo Account today: https://bit.ly/3Rnmgod
#TrendLines #Forex #DayTrading #TechnicalAnalysis
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