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DRAWING
TRENDLINES
The
basic trendline is one of the simplest technical tools employed
by the trader, and is also one of the most valuable in any
type of technical trading.
For an up trendline to be drawn, there must be at least two
low points in the graph where the 2nd low point is higher
than the first.
A price low is the lowest price reached during a counter trend
move.

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