What is Line Chart?

In a simple line charts price is displayed as a point in the map and draws a line from one closing price to the next closing price. When strung together with a line, we can see the general price movement of a currency pair over a period of time.

This type of chart is characteristic of the trend of the price of the currency, but provides little supplemental information.

This type of chart is rarely used by traders nowadays. Line charts have different time periods. The time period you select is the point to point price period. The bigger time period the wider in time the chart will be.

The following is a sample line chart