A trendline is a charting tool used to illustrate the prevailing direction of price. Trendlines are created by connecting highs or lows to represent support and resistance.
 | | Trendline | | A trendline is a line 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. They show direction and speed of price, and also describe patterns during periods of price contraction. | | Read More » | | The Utility Of Trendlines | | Trendlines give an investor or technical trader an idea of the direction an investment might move in. Discover how to make them work for your portfolio. | | Read More » | | | Price Action | | Price action is the movement of a security's price over time, which forms the basis for a securities price chart and makes technical analysis possible. | | Read More » | | | Channel | | A channel may refer to a distribution system for businesses or a trading range between support and resistance on a price chart. | | Read More » | | | Breakout | | A breakout is the movement of the price of an asset through an identified level of support or resistance. Breakouts are used by some traders to signal a buying or selling opportunity. | | Read More » | | | | | | CONNECT WITH INVESTOPEDIA | | | | | | | |
:max_bytes(150000):strip_icc()/177491798-5bfc392c46e0fb0026053da9.png)
:max_bytes(150000):strip_icc()/candlestick_chart_board_shutterstock_551178529-5bfc307446e0fb00511a9404.jpg)
No comments:
Post a Comment