TREND LINE

A trend line is a straight line that connects two or more price points and is used to identify a current trend in the market. Trend lines are a popular tool in technical analysis and are used to determine whether a security is in an uptrend (bullish), downtrend (bearish), or sideways (neutral). The angle of the trend line can indicate the strength of the trend. A steep trend line suggests a strong trend, while a flat trend line indicates a weak trend or a potential trend reversal. Traders use trend lines to make predictions about future price movements and to identify potential levels of support or resistance. They can be drawn on bar charts, candlestick charts, or other types of price charts.

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