How to Read a Forex Chart

There are three trends in the price of foreign currency trading among them, market bullish (up trend), bearish (down trend) and sideways market. A trend line is usually used to determine the price trend. Usually, drawing a trend line by connecting a line from the lowest price to the highest price, or from the lowest price to the highest price, and it could be a line drawn horizontally. Its all covered in forex trading strategies.

Up Trend

Down Trend

Sideways