An uptrend line is a straight line drawn upward to the right that connects 2 or more low points. The second low must be higher than the first for the line to have an upward incline. Uptrend lines act as support and indicate that there is more demand than supply, even as the price rises.
entry after retest uptrend line.
A retest refers to prices reversing direction after a break and returning to the breakout level to see if it will hold.
entry after retest uptrend line.
A retest refers to prices reversing direction after a break and returning to the breakout level to see if it will hold.