Posted by Unknown On 9:15 AM
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- Drawing trend lines is an art form that can take awhile to master. That's because everyone has their own unique way of drawing them! There is no perfect way to draw them and it seems that no one can agree on the best way!
- The purpose of drawing trend lines is to identify where possible reversals will take place. They can also signal that a change in trend may occur.
- In a uptrend, draw the line along the lowest points in the trend without letting the line cross through prices. You need at least two touches of the trend line.
