As you can clearly see from the diagram, the trend line can change slope as the trend may move at different rates and it is mandatory to adjust the trend as necessary.
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The Trend Following Method A simple trend following method is to use a 9 period simple moving average of the closing prices and an 18 period moving average of the closing prices.
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The exit could be when we have a closing above the 18 period moving average.
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The Market Has Three main Trends.
Next our established trend line was broken with a close below the line and the last piece of evidence was when we had a close below the support.
We also can observe that prices once finding support or resistance will move ahead and away from the trend line then return to the trend line.