Trendline

What Does Trendline Mean?
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 explains Trendline
Trendlines are used to show direction and speed of price. Trendlines also describe patterns during periods of price contraction.

Related Terms

Chartist
Diamond Top Formation
Reversal
Sideways Trend
Symmetrical Triangle
Technical Analysis
Technically Strong Market
Technically Weak Market
Trend
Trend Analysis
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