Breakout Trading Strategy: Trendline

Guide to exploring the Trendline Trading Strategy - Capital.com

: Touches should be well-spaced rather than clustered. Steep trendlines are prone to "noise" and are often less reliable than those with a moderate slope. Trendline Breakout Trading Strategy

: There is no rigid rule for connecting candle bodies or wicks; traders from Tradeciety suggest drawing the line through the points of maximum "confluence" where the most touches align. 2. Confirming a Valid Breakout Guide to exploring the Trendline Trading Strategy - Capital

A trendline's validity is dictated by its structure and the number of times the market respects it. Trendline Breakout Trading Strategy