Given:
The question is given.
Required:
we have to define what is a trend line and how do we draw the trend line.
Step-by-step explanation:
Trend lines are drawn at an angle and are used to determine a trend and help making trading decision.
To draw a trend line in an uptrend, two lows must be connected by a straight line. To draw a trend line in a downtrend, two highs must be connected by a straight line. A trend line should be connected by at least three highs or lows to make it valid.
Final answer:
Hence the final answer is:
Trend lines are drawn at an angle and are used to determine a trend and help making trading decision.
To draw a trend line in an uptrend, two lows must be connected by a straight line. To draw a trend line in a downtrend, two highs must be connected by a straight line. A trend line should be connected by at least three highs or lows to make it valid.