Welcome to Westonci.ca, where curiosity meets expertise. Ask any question and receive fast, accurate answers from our knowledgeable community. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.
Sagot :
Given:
The question is given.
Required:
we have to define what is a trend line and how do we draw the trend line.
Explanation:
Trend lines are drawn at an angle and are used to determine a trend and help making trading decision.
To draw a trend line in an uptrend, two lows must be connected by a straight line. To draw a trend line in a downtrend, two highs must be connected by a straight line. A trend line should be connected by at least three highs or lows to make it valid.
Final answer:
Hence the final answer is:
Trend lines are drawn at an angle and are used to determine a trend and help making trading decision.
To draw a trend line in an uptrend, two lows must be connected by a straight line. To draw a trend line in a downtrend, two highs must be connected by a straight line. A trend line should be connected by at least three highs or lows to make it valid.
Thank you for choosing our service. We're dedicated to providing the best answers for all your questions. Visit us again. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. We're here to help at Westonci.ca. Keep visiting for the best answers to your questions.