📉 2 Effective Ways to Trade Using a Trendline
🔹 1. TREND TRADING
(Use when price is moving up)
Draw an upward support trendline.
Wait for price to pull back and touch the trendline.
Enter a Buy (Long) when price bounces from the line.
Set Stop-Loss just below the trendline.
✅ Best for strong uptrends.
🔸 2. BREAKOUT TRADING
(Use during trend reversals)
If price breaks below the trendline:
- Don't jump in yet!
- Wait for a retest of the broken trendline.
- If price gets rejected again, enter a Sell (Short).
- Set Stop-Loss above the retest level.
✅ Great for reversals & breakdowns.
🧠 Simple Rule:
✔ Trendline Bounce = Buy
✔ Trendline Break + Retest = Sell