Trend lines
A trend line is a straight line drawn through key price lows or highs.
It helps to understand where the market is moving: up, down, or sideways.
Upward trend line — drawn through rising lows.
Downward trend line — drawn through falling highs.
The more touches of the line by the price, the stronger it is.
Trend lines act as support or resistance.
Channels
Channel = two parallel trend lines: upper and lower.
The price moves 'within the corridor', bouncing off the boundaries.
Upward channel — both lines are directed upward.
Downward channel — both lines are directed downward.
Sideways channel (flat) — lines are nearly horizontal.
How to use
1. Trading from the borders: buy at the lower boundary of the channel, sell at the upper.
2. Channel breakout: if the price goes beyond the boundary and consolidates — this is a signal for a strong movement.
3. Trend confirmation: if the price continues to respect the trend line — the trend is maintained.
In summary: trend lines and channels are basic tools of technical analysis that help to see the market structure and make decisions not 'by eye', but by clear logic.
