What Is, Interesting - Closing Price
A single line is plotted from one terminating rate or price to the next terminating price, making a continuous line. This type supplies extremely small-scale data on the chart and is consequently not very popular amidst Foreign exchange market tradesmen. In case this type is seldom applied by technical sellers. This class leaves out essential data about rate. Info such like opening rate or price, tall and low point of the rate or price which are not represented on the pattern. This makes this type of charting to be considered sketchy by currency merchants. The chart down below displays a sample.