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: A third touch is widely considered the gold standard for confirmation, signaling that the trend is established and not just a coincidental connection of two points.
: 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 Trendline Breakout Trading Strategy
Guide to exploring the Trendline Trading Strategy - Capital.com : A third touch is widely considered the
: 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. Confirming a Valid Breakout Guide to exploring the
A trendline's validity is dictated by its structure and the number of times the market respects it.
: A valid trendline requires at least two points (swing highs for downtrends, swing lows for uptrends).