The Line chart is the most basic chart used in technical analysis. This type of chart is also used outside the financial market, in order to control and identify pattern changes over time, such as identifying trends.
Because of its simplicity, the line chart presents little information, offering an easy way to observe price behavior, especially considering the closing price.
Here is a traditional candlestick chart compared to the line chart:
Notice that candle 1 closed at 0.194337, and candle 2 at 0.195886.
To select this chart type, click on the clock icon in the chart window:
Availability: Chart Pattern Line can be used with the BlackArrow Free, One, Plus, Pro, and Ultra plans.
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