How do trend lines work

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asked Aug 17, 2021 127k views

2 Answers

BuDen · Answer 1 · 2021-08-17T12:09:16+0000

A trendline connects a swing low to a swing high, from the lowest point of the downward movement to the highest point in the upward movement. When the price rises, the trend line rises accordingly. Connecting these lows with a line results in an ascending trendline, showing you that the prices are trending upwards

Edhubbell · Answer 2 · 2021-08-20T23:21:22+0000

Answer:

A trendline connects a swing low to a swing high, from the lowest point of the downward movement to the highest point in the upward movement. When the price rises, the trend line rises accordingly. Connecting these lows with a line results in an ascending trendline, showing you that the prices are trending upwards.

Explanation:

How do trend lines work

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