Definition
A trendline shows the slope of a trend. A third touch is often treated as confirmation, and a decisive break of a long-held trendline is a notable event.
Watch out for
Where lines are drawn is subjective, and steep ones break easily.
Academy › Glossary › Technical Analysis
Trendline
A line connecting two or more swing lows in an uptrend or swing highs in a downtrend.
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