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Down Trendline

A straight line (trendline) that is drawn downward to the right across a chart along successive successive peaks. In other...

Trendline

A straight line that is drawn upward to the right across a chart along successive troughs (hence it is known...

Up Trendline

A straight line (trendline) that is drawn upward to the right across a chart along successive troughs (reaction lows). In...

Valid Trendline

Typically, drawing a trendline needs two points on the chart. However, a trendline needs a third point to be a...