Price channels | Personal Technical Analyst, Researcher, Stock market Analyst
Categories

Price channels

Spread the love

A price channels is a pair of parallel trend lines that form a chart pattern for a stock or commodity. Channels may be horizontal, ascending or descending. When prices pass through and stay through a trendline representing support orĀ resistance, the trend is said to be broken and there is a “breakout”

price channel is used in technical analysis to chart the price action of a security between two parallel lines.


price channel pattern

An upward trending price channel will have trendlines with a positive slope indicating that the price is trending higher with each price change.


1 Month Online Share Trading Training Porgram

Leave a Reply

Your email address will not be published. Required fields are marked *