Trendlines
Created: 7/31/2010 7:16:16 AM
Trend Lines are an important tool for trend identification and confirmation in technical analysis. It is a straight line that connects two or more price points and then extends into the future to help guide you in your trading.
Trendlines show three distinct but related types of information about the market. They show the direction of the current price movement, the strength of the current price movement, and the future support and resistance of the current price movement
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