Resistance Trend Line

What are Trend Lines

  • A trend line represents a supply and demand among traders.  A trend line is a bounding line for the price movement of a security.
  • Support Trend Line

A support trend line is drawn by connecting several swing lows and a resistance trend line is drawn by connecting several swing highs.

Resistance Trend Line

A resistance trend line is drawn by connecting several swing highs
 

               What is Swing High and Swing Low