The forex industry is made up of countless definitions and it's easy to forget a few along the way. But because no forex education can be complete without a glossary of forex terms, we've compiled one which aims at explaining key definitions in the simplest way possible. This way, you'll never be lost or confused again!
It’s a technical tool to draw a channel (uptrend or downtrend).The distance between the two parallel lines (basic trendline and return line) is equal.
Category: Technical Analysis