RKchartest

Using Parrallel Trend Lines

FX:USDJPY   U.S. Dollar/Japanese Yen
Finding a trend line on a long term chart that price has consistently use for support and resistance is a great way to find other areas of support and resistance . Clone the line and place it on extreme levels on the chart. You will notice how price uses these levels.

When you go to a lower time frame, you will notice that you can clone these levels to find smaller levels of support.
Visit my blog: https://tradethelevel.wordpress.com/
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out