JADUGAAR_GORACHAND_V2

1. What is a Trendline?
A trendline is a straight line drawn on a chart that connects two or more price points. It helps visualize the direction and strength of a trend — uptrend, downtrend, or sideways.

🔼 2. Uptrend Line
An uptrend line connects higher lows. It acts as a support level, suggesting that buyers are in control. Price tends to bounce upward off this line during a bullish trend.

🔽 3. Downtrend Line
A downtrend line connects lower highs. It acts as a resistance level, indicating that sellers dominate. Price tends to fall after touching this line in a bearish trend.

🔄 4. Trendline Breaks
When price breaks a trendline, it may signal a potential trend reversal or trend weakening. Traders often use this for entry or exit signals.

📊 5. Trendline Validity
A trendline is more reliable when:

It touches 3 or more points

It's drawn over a longer time frame

There's strong volume on the breakout