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Trendline

A straight line is drawn on a price chart to represent a trend's direction and strength. For example, an uptrend trendline is drawn by connecting a series of rising lows, while a downtrend trendline is drawn by connecting a series of declining highs.

Trendlines can identify potential support and resistance levels and help traders make informed trading decisions. Traders often look for trendline breaks or bounces as potential trend reversals or continuation signals.

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