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HomeRight Arrow TerminologyRight Arrow Price Channel Definition

Price Channel Definition

Description

A chart pattern formed by drawing two parallel lines along the highs and lows of a price series. Depending on the trend’s direction, the price channel can be classified as horizontal, ascending, or descending. The area between these lines forms the channel, guiding traders to identify potential breakout points.

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Access markets including forex, commodities, indices, shares/stocks and more, at low cost.

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