Trendline is basically use for majoring trend 📈 of any stock.
It is also useful for indentify demand & supply ....
Here it's applications 👇
➡️It is formed when a diagonal line can be drawn between a minimum of three or more price pivot points.
And that all three points must tested equally.
example 👇 #sis
➡️ Trendline is mainly useful for identifying trend 👇
⚡Uptrend - #happiestmind
⚡Downtrend - #bluedart
➡️ It is also useful for support & resistance.
Ex - ⚡ #happiestmind
⚡ #omaxe
➡️ If three point 📍have not be touched clearly then it is wrong ❌
Ex - ⚡ #bluedart
⚡#zeemedia