There are several types of forex charts, including candlestick charts, line charts, and bar charts. Many forex brokers like the candlestick charts because they believe these charts provide the best illustration of a market’s price dynamics. The design of the candlestick forex charts helps an investor visualize the force behind a particular price movement. Line charts are also helpful to an investor since they provide a good quick view of the overall trend in a market. They also show resistance and support levels. Bar charts are helpful for tracking prices over a given period of time. These are the three primary types of forex charts. via Tumblr http://ift.tt/1LWFKHi
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