Lesson 5 of 15
Trendlines
Progress5/15
A trendline is a diagonal line drawn across multiple swing highs or swing lows to visualise the direction and strength of a trend.
**Uptrend** — draw a line connecting higher lows. **Downtrend** — draw a line connecting lower highs.
Trendlines act as dynamic support and resistance. A break of a trendline can signal a trend reversal or a major shift in momentum.
Knowledge Check
7 questions
1.In an uptrend, a trendline connects:
2.In a downtrend, a trendline connects:
3.Trendlines act as dynamic:
4.What can a break of a trendline signal?
5.What is generally needed to increase confidence that a trendline is valid?
6.A trendline is best described as what type of line?
7.What does a trendline help traders visualize?