Trend channels are parallel lines containing a smaller or larger price move. The unparallel lines of a triangle formation also are a trend channel. The lower and upper borders of a trend channel show the current market trend.
The channel is directed upwards in an bullish trend and downwards in a bearish trend. In case if there are no certain price movements tendencies at the market, the channel is taking a horizontal position.
Trend channels are formed with trend lines.
Trend lines are very important for both trend identification and determining of support and resistance levels.
We invite you to meet Mekness investment world. You can follow the steps below to be an online investor with us.
You can fill the free demo account form on the side to open an unreal account and try the market without any risk.
You can apply to open a real account to enter the world of investment.
After depositing the initial investment you can easily start to trade.
LEGAL: This website is operated by Mekness Limited Registration No: LL18868.
Registered Address: Lot No. 20, Level 1, Lazenda Commercial Centre Phase 3, Jalan OKK Abdullah, 87000 Federal Territory of Labuan, Malaysia
Operational Address: Office No. 106, First Floor, Sheikh Rashid Building, R133, Al Rigga, Dubai UAE Contact: +971 43 88 4268 |
Risk Warning: Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss
of your invested capital. Your capital is at risk. Leveraged products may not be suitable for everyone.
Restricted Regions: Mekness does not offer its services to residents of certain jurisdictions such as USA, Canada, Japan, Iran, Cuba, Sudan, Syria and North Korea.