USA HISTORY

Detailed explanation-1: -Horizontal lines are lines that run from left to right and are parallel to the x-axis. Vertical lines are lines that run up and down and are parallel to the y-axis.

Detailed explanation-2: -A horizontal line is a straight line that goes from left to right or right to left. In coordinate geometry, a line is said to be horizontal if two points on the line have the same Y-coordinate points. It comes from the term “horizon”.

Detailed explanation-3: -A horizontal line is a straight line that is drawn from left to right or right to left and it is parallel to the x-axis in the coordinate plane. In other words, a straight line that has an intercept only on the y-axis, not on the x-axis is called a horizontal line.

Detailed explanation-4: -Key Takeaways. A horizontal line is commonly used in technical analysis to mark areas of support or resistance. A horizontal line runs parallel to the x-axis. In technical analysis, the horizontal line is typically drawn along a swing high, or a series of them, where each high in the series stopped at a similar level.

Detailed explanation-5: -A horizontal line is a line that is drawn on a price chart touching the support or resistance levels. Horizontal lines are used by traders to identify breakouts and to make trading decisions when the market poses fewer risks.