► IntroductionTrend lines are one of the most important technical ways to analyze a chart. As traders, finding and drawing trend lines correctly is very important. Trends usually act as moving support and resistance levels.Price often keeps above or below trends, for an extended period of time. Trends are usually good entry points for trade positions. Also, they help us gauge the general direction of the market and how strong the move is.In this article we will discuss how to profit from trend lines' confluence. This is a complete strategy with entry, stop loss and take profit levels. We will use a simple, step-by-step approach for achieving this goal.We will analyze the Daily time frame. However, you can use the same technique for any time frame you trade. Some recent charts of EUR/USD are also included, for a better understanding of this method and how easily it can be used.This is a very technical method. So perhaps it can be automated. If any JForex (or Visual JForex) programmer is interested, please feel free to automate it. I think that many traders, including myself, could benefit from it.I hope you find this article helpful for your trading. :-)_____________________________…
