3 What Are Trend Lines & Their Strategies?

Описание: Trend lines are essential tools in technical analysis, helping traders identify market direction and potential trading opportunities. They connect higher lows (uptrend) or lower highs (downtrend) to define a trend.

📊 Types of Trend Lines

🔹 Uptrend Line (Bullish) 📈

Connects higher lows in a rising market.
Indicates strong buying pressure.
Strategy: Buy when the price bounces off the trendline.

🔹 Downtrend Line (Bearish) 📉

Connects lower highs in a falling market.
Indicates strong selling pressure.
Strategy: Sell when the price retraces to the trendline.

🔹 Sideways Trend (Range) ➡️

No clear direction; price moves between support & resistance.
Strategy: Trade within the range or wait for a breakout.

🛠 How to Use Trend Lines in Trading?

✅ Trendline Bounce Strategy: Enter trades when the price touches and bounces off a trendline.
✅ Trendline Breakout Strategy: Enter trades when the price breaks above or below a trendline.
✅ Combining with Indicators: Use moving averages or RSI for extra confirmation.
✅ Adjust for Accuracy: The more touches, the stronger the trendline.

🚀 Pro Tip: Avoid forcing trend lines—draw them where they naturally fit!
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