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The Complete Guide On How To Use Trendlines
By drawing trendlines on price charts, you can identify long-term trends and potentially profit from them. This guide will walk you through everything you need to know about trendline trading, from the basics of drawing trendlines to using them to enter and exit trades. Along the way, we'll also explore some common pitfalls to avoid and how to use other technical concepts alongside trendlines for a more well-rounded trading approach. Generally speaking, it is advisable to wait for three confirmed points of contact before you start paying further attention to a trendline. A trendline is only confirmed if you can get ... (full story)