What is a trendline?
Technical Analysis
A trendline is a straight line drawn connecting a series of price highs or lows on a chart, used to visualize the direction and strength of a trend.
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An upward trendline connects rising lows (support), while a downward trendline connects falling highs (resistance). A trendline is generally more reliable the more times price has touched and respected it, and a break often signals a potential trend change.
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