Trend Lines

Major trend line of of the simplest technical analysis tools used by analyst line graph, as it is the most important technical analysis tools.

uptrend line as a straight line, heading to the top and draw the right direction along the ascending bottoms .



The downward trend line, it is a straight line heading down and draw the right direction along the tops downside



Confirm right Trend Line :

After drawing a rising trend line, we may need to confirm the validity of this line, and so should the price will touch this line for a third time and bounce it up. We note in Figure 3 the success of the rising trend line in the test at the point 5, which confirmed then the validity of this line, and Figure 4 shows the line descending direction and applied to it the same rules applicable to the uptrend line, and also succeed this line in the test at the point 5 to vouch for its authenticity.

The bottom of the above, is that we need two points to draw a trend line, and a third point to confirm the validity of this line.