Trend Lines Forming a Chart Pattern

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The same trend lines can also form chart patterns, such as wedges, triangles, and many more. A deeper dive into chart patterns is available in the coming lessons. 

The example above shows how two trend lines formed a descending triangle. When the bottom trend line was broken, an explosive move resulted.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

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