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Drawing Upward Trend Lines

By Adam Milton, About.com

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Wait for a Low Reversal

Trend Line Chart

Low Reversal

Interestingly, the first requirement for an upward trend line is that the prices are moving downwards. The price bars need to move downwards, and then reverse, and move upwards, making a low reversal. The low reversal will become the lowest and left most point of the upward trend line. The low reversal is shown in yellow in the example chart.

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