Trend Line

Trend lines are distinctive lines drawn on charts to link a series of prices. A trend line is generally drawn above or below pivot highs or lows to indicate the price's primary direction. They depict patterns during consolidation periods. In every time frame, trend lines offer a visual representation of support and resistance. The resulting line and/or pattern is then used to provide the trader with a good sense of the direction in which the value of an investment may go.