Trendline

Dictionary Says

Definition of 'Trendline'


A line that is drawn over pivot highs or under pivot lows to show the prevailing direction of price. Trendlines are a visual representation of support and resistance in any time frame.

Investopedia Says

Investopedia explains 'Trendline'


Trendlines are used to show direction and speed of price. Trendlines also describe patterns during periods of price contraction.

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