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TRENDLINE Trendline is the line where we mark the formation o | Daniel Education

TRENDLINE

Trendline is the line where we mark the formation of a trend. Either to predict an uptrend or a downtrend. It includes the market’s journey.

There are 3 types of Trends :-

1. Uptrend
The upward direction of the market movement, also known as 'Bullish'

2. Downtrend
Downward direction of market movement, also known as 'Bearish'

3. Sideways
The direction of market movement is horizontal (sideways), also known as 'ranging' ot 'flat'