People go for costly indicators, softwares etc. But do you know there is a very simple way to analyse? We all can use it. As children we all learnt about drawing lines. And these simple lines are still helpful and more powerful in trading. You need to connect two points to draw trend line. It should not intercept other candles. Try and see how trend lines are working as magical lines!
Note
Price action has fall through the downward trendline!
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