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Trendlines connect key price points to visualize the market’s direction, helping you spot optimal entry and exit points. ↗️ Uptrend lines: Connect rising low points, acting as support. ↘️ Downtrend lines: Connect falling high points, acting as resistance. ➡️ Sideways lines: Connect similar highs or lows in a ranging market. 👉 Swipe to see how to draw your first trendline in 2 simple steps. Pay attention to: 📐 Angle: Steep trendlines often break quickly, while shallow ones may not offer strong support or resistance. A moderate slope is the most effective for predicting price movement. 💥 Breakouts: If the price breaks through a trendline, it could signal a market reversal. Consider exiting your trade or entering a new one in the opposite direction. 💡 Expert tip: Combine trendlines with tools like moving averages or oscillators for more reliable signals. 💾 Save this for when you’re ready to try this tool.
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