Here are some steps to help identify trends in Forex market charts:
1. _Choose a time frame_: Select a chart time frame that suits your trading style (e.g., short-term, long-term).
2. _Identify trend lines_: Draw trend lines connecting highs or lows to visualize the trend direction.
3. _Use moving averages_: Apply moving averages (MA) to smooth out price fluctuations:
- Short-term MA (50-period): Identifies short-term trends.
- Long-term MA (200-period): Confirms long-term trends.
4. _Look for candlestick patterns_: Recognize bullish or bearish patterns, such as: Hammer or shooting star
- Hammer or shooting star
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