Question
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How to set trendline?
1 Answer
<p id="isPasted">To draw a trendline on a trading chart, you need to first identify the trend (uptrend or downtrend) and then connect at least two swing points (highs or lows) with a straight line. The line should ideally touch as many price points as possible, either the wicks or bodies of the candlesticks, depending on which provides more contact points. </p><p>The Complete Guide to Trend Line Trading</p><p>Here's a more detailed breakdown:</p><p>1. Identify the Trend: </p><p>Uptrend: Characterized by a series of higher highs and higher lows.</p><p>Downtrend: Characterized by a series of lower highs and lower lows.</p><p>Sideways Trend: Prices …</p>