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  1. • A pattern is bounded by at least two trend lines (straight or curved) • All patterns have a combination of entry and exit points • Patterns can be continuation patterns or reversal patterns • Patterns are fractal, meaning that they can be seen in any charting period (weekly, daily, minute, etc.)

  2. The pattern is defined as local highs or local lows forming a straight line. Trendlines can be composed of highs (resistance) or lows (support). The basic rule is that a stock's price bounces upward off a trendline support, and downward off a trendline resistance.

  3. iii DESCRIPTION OF REVISION This revision, which supersedes the Goddard Space Flight Center (GSFC) Standard X-673-64-1E, Engineering Drawing Standards Manual, is intended to update and reflect the latest formats and standards adopted by GSFC.

  4. 10 Απρ 2024 · Trendlines help technical analysts spot support and resistance areas on a price chart. Trendlines are straight lines drawn on a chart by connecting a series of descending peaks (highs) or...

  5. Horizontal lines: they offer traders a simple–yet powerful–method to analyze price movements, navigate the complexities of market psychology, and inform their trading decisions based on historical price action by providing visual representations of key levels.

  6. The Horizontal Line Drawing Tool is a fundamental tool used to draw straight horizontal lines across your chart at a specific price level. This tool is commonly used to identify support and resistance levels, key psychological price points, and other significant horizontal areas where price action is likely to react.

  7. 18 Ιαν 2023 · Learn how to read stock charts and analyze trading chart patterns, including spotting trends, identifying support and resistance, and recognizing market reversals and breakout patterns.

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