PEL
.When drawing trend lines it is best if you can connect at least two tops or bottoms together. The more tops or bottoms that connect, the stronger the trend line.
So how can you use trend lines to your advantage? When the price approaches your trend line, only two things can happen.
1) The price could either bounce off the trend line and continue the trend.
2) The price could breakout through the trend line and cause a reversal
So how can you use trend lines to your advantage? When the price approaches your trend line, only two things can happen.
1) The price could either bounce off the trend line and continue the trend.
2) The price could breakout through the trend line and cause a reversal
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