trend line always gives you best risk to reword if made good entry on 17march national aluminum given a good technical trade setup where price is over trend line and made hammer on trend line with conformation of same time hammer on 50days moving average and also here is a support level of 114 (drown red horizontal line) chart already explaining every thing it self
Trend Line :- Trendlines indicate the best fit of some data using a single line or curve. A single trendline can be applied to a chart to give a clearer picture of the trend. Trendlines can be applied to the highs and the lows to create a channel. The time period being analyzed and the exact points used to create a trendline vary from trader to trader.
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