Technical
Trend Line
A straight line connecting two or more price points, used to identify the direction and speed of a trend. In Elliott Wave, trendlines drawn from Wave 2 through Wave 4 project where Wave 5 may terminate.
A straight line connecting two or more price points, used to identify the direction and speed of a trend. In Elliott Wave, trendlines drawn from Wave 2 through Wave 4 project where Wave 5 may terminate.