Trend Line Breakout Strategy PDF - Trendline Breakout Indicator MT4

Trendline Break Out Confirmation - Trend Break-out Indicator

After the price has moved in one specific direction for an extended period of time within a trend it then reaches a point where price stops moving within the trend direction. When this happens - traders will interpret this as a signal that the trend line has been broken and this is interpreted as a trend reversal signal - Trend Line Breakout Strategy PDF - Trendline Break Out Confirmation.

Because the trend line is the point of support & resistance and these levels of support & resistance have been broken after a trend line break - then we expect price to start moving towards the opposite market direction and this is interpreted by traders as a trend reversal signal - Trend Line Support & Resistance Areas.

When Trend-Line Support & Resistance Levels are broken by price - traders will close the open trade orders which they had opened. This is called profit taking.

Upwards Trend Reversal - Trend Line Break out Strategy

When price breaks-out below the upwards trendline (support level) the price will then move downwards

Upwards Trendline Break Out Confirmation - Trendline Breakout Indicator

This Trend Line Breakout Strategy PDF - trend reversal signal is considered to be complete when the price closes below an upwards trend line or when price closes higher than a downwards trend line. This Trendline Breakout Strategy also provides a trading opportunity to open a sell trade once there is a Trendline Break Out Confirmation - Trend Reversal Signal.

Downwards Trend Reversal - Trend Line Break out Strategy

When price breaks out above the downwards trend-line (resistance level) price will then move up-ward

Down-wards Trendline Break Out Confirmation - Trend Line Breakout Trading Strategy

This Trend Line Breakout Strategy PDF - trend reversal signal is considered to be complete when price forms a higher low. This Trend Line Breakout Strategy PDF - reversal signal also provides a trading opportunity to open buy trade once there is a Trendline Break Out Confirmation - Trend Reversal Signal.

Trend Line Breakout Strategy Confirmation - Trendline Breakout Confirmation

When trading this Trend Line Breakout Strategy PDF - reversal setup it's best to wait until the price breakout has been confirmed by price closing above or below trendline, depending on direction of the trend.

• Upwards Trend Reversal - Trend Line Breakout Confirmation - this reversal signal is confirmed once the price closes below this upwards trendline, this should be the correct time to open a sell trade - to avoid a Whipsaw Trend Line Breakout & Retest.

• Down-wards Trend Reversal - Trend Line Breakout Confirmation - this reversal signal is confirmed once the price closes above the downwards trendline, this should be the correct time to open a buy trade - to avoid a Whipsaw Trend Line Breakout & Retest.

Trend Line Breakout Strategy PDF - Trendline Support and Resistance Levels - Whipsaw Trendline Breakout and Retest