A diagonal line connecting two or more swing lows in an uptrend (or swing highs in a downtrend).
How traders use it: A visual guide for pullback areas and for spotting when a trend is losing its angle.
Common mistake: Redrawing the line every time it breaks, or drawing through candle bodies to make it fit.
Related: Channel · Trend · Compression (consolidation)
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Concepts only. Education only, not financial advice. No pattern on this site has a published win rate.