trendline
trendline is draw between two resistance to resistance,two support to support,two swing high to high and two swing low to low .
when price broken trendline that time new opportunity of buy or sell entry in forex. forex trendline can use with moving average and many other indicators.it will help you simple forex trading.
Example 1: trendline with exponential moving average.
Use : Trendline and EMA(34)
here,trendline use with ema(34) .trendline draw from one resistance to another resistance. ema show direction of trend. in example price broken trendline and move up side and price also cross ema . here trend changed direction because price is above trendline and ema.so both condition satisfied.
this system also use scalping in lower time frame.
we can use 10,14,21,50 size in EMA.
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