The trend line is an old and popular chart analysis tool. The program The uses of trend lines are many and varied. Many books have been written about trend lines and geometric chart formations. Many of these formations are easily constructed but beyond the scope of this manual. Some of the simplest applications of trend lines include: Price ChannelsTrend Lines
Bullish Support Bearish Resistance Parallel Lines, or ChannelsSee also:Entering Trend Line ModeDrawing a Trend LineGann SquaresGann Time Price AnglesSpeed LinesFibonacci Retracements