Chart Analysis
Trendlines: seeing the flow
One line connecting highs or lows shows whether the trend is up or down.
A trendline connects a series of lows (or highs) into one line. If the lows keep getting higher, it's an uptrend; lower, a downtrend. One line makes the direction obvious.
PriceTrend lineExample
Quick check
The lows keep getting higher. What kind of trend is it?
Famous chart patternsSTEP 5 / 7
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