📘 Today’s Strategy: Trendline Bounce Strategy
This strategy is used to trade trend continuation moves.
____________________________________
🧠 Strategy Concept
Trade when price touches trendline and bounces back.
___________________________________
🔹 Step-by-Step
Timeframe:
15m — 1H (Best for beginners)
____________________________________
BUY Setup (Uptrend)
1️⃣ Draw trendline connecting Higher Lows
2️⃣ Wait for price to touch trendline
3️⃣ Look for bullish candle confirmation
4️⃣ Enter BUY after candle close
Stop Loss:
Below trendline
Take Profit:
Recent High or 1:2 RRR
____________________________________
SELL Setup (Downtrend)
1️⃣ Draw trendline connecting Lower Highs
2️⃣ Wait for price touch
3️⃣ Bearish confirmation candle
4️⃣ Enter SELL
Stop Loss:
Above trendline
Take Profit:
Recent Low
___________________________________
⚠️ Important Tips
Do not force trendlines
Use clear swing points
Avoid weak trendlines with only 2 touches
___________________________________
Golden Rule:
Strong trendline + confirmation candle = High probability trade