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Forex question What is the importance of a trendline?
avatar Reyniel
Question by: Reyniel - 06 Feb 2014, 03:25:41
What is the importance of a trendline?
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avatar user 1976
Answer by: Britney - 06 Feb 2014, 03:32:30

A line that is drawn over pivot highs or under pivot lows to show the prevailing direction of price. Trendlines are a visual representation of support and resistance .

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