 |
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 explains 'Trendline'
Trendlines are used to show direction and speed of price. Trendlines also describe patterns during periods of price contraction.
|
-
Trendlines give an investor a good idea of the direction an investment might move in. Discover how to make them work for your portfolio.
Read More »
-
Find out why so many traders love to use patterns.
Read More »
-
Learn a stop-loss strategy that will help you protect your gains when trading breaks.
Read More »
-
|
|