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The Different Types of Forex Charts

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The Different Types of Forex Charts

What are the different types of Forex Charts?

These charts have their numerous effects in trading and several Pros and Con’s.

We will focus on these main Forex Charts widely used by every trader in the forex market.

Line Chart simply represents closing prices in the trading platform and drawn as a straight line on the chart.

Every forex trader has familiarity with this chart as this is the most basic and standard one in the trading environment.

The Line Charts provide information about the closing price for a period of time, ex: daily close and a dot connect to the line on this Chart to show where the market has been closed in various days during your trading tenure or as per the past market trading behaviors.

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