Trend lines are diagonal lines drawn either above or below the price, serving as valuable indicators of the current trend direction and signaling shifts in trends. Additionally, they function as support and resistance levels, offering opportunities for entering and exiting positions.
Trading with trend lines can be approached in two primary ways:
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.