How Many Chart Bottom Draw an Upward Trend Line?
To draw a upwards trend-line a trader needs at least two bottoms
To confirm a upward trend-line a trader needs at least three price bottoms to touch the upward trend-line.
Example of Upward Trend on a chart
How Many Chart Bottom Draw an Upwards Trend-Line?
Since the market moves in a zigzag manner traders normally draw a trend line which portrays the general upward direction.
How Many Chart Bottom Draw an Upwards Trendline?
An up trend occurs when price will continue to make consecutive higher highs & higher lows. Each high is higher than the previous high- higher high, & each low is higher than the previous low- higher low.