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TECHNICAL ANALYSIS MASTERY: DAY 5 - TREND LINES
Visualize Market Direction
Trend Lines Connect Price Points To Show Market Direction.
The Trend Is Your Friend - Until It Bends.
UPTREND LINE
Connect The Higher Lows.
HOW TO DRAW:
Connect At Least 2 Higher Lows With A Straight Line. The Line Acts As Dynamic Support. Price Tends To Bounce Off It During An Uptrend.
RULES:
1️⃣ Connect The Swing Lows (Not Random Points)
2️⃣ Need Minimum 2 Touches, 3+ Is Stronger
3️⃣ Acts As Dynamic Support - Buy Zone On Touch
DOWNTREND LINE
Connect The Lower Highs.
HOW TO DRAW:
Connect At Least 2 Lower Highs With A Straight Line. The Line Acts As Dynamic Resistance. Price Tends To Reject From It During A Downtrend.
RULES:
1️⃣ Connect The Swing Highs (Not Random Points)
2️⃣ Need Minimum 2 Touches, 3+ Is Stronger
3️⃣ Acts As Dynamic Resistance - Sell Zone On Touch
TREND LINE BREAKS...




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