Web Reference: If you declare the variable on an element, the variable refers to a TemplateRef instance which represents the template. In the template, you use the hash symbol, #, to declare a template variable.The following template variable, #phone, declares a phone variable with the element as its value. Refer to a template variable anywhere in the component's template.Here, a further down the template refers to the phonevariable. What is a Template Reference Variable? Gives a local name (e.g., #box) to an element or directive instance. Lets you read values or call methods directly in the template. Scoped to the template where it is declared.
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