Do not use limit orders sitting directly on the trendline. Wait for price to touch the line, then wait for the current candle to close. Look for definitive reversal signatures—such as a pattern—to confirm the line is actively holding. 12. The Micro-Timeframe Entry Refinement
If the trendline doesn't look clear, it isn't. Good trendlines are obvious to the eye. trendline trading strategy secrets revealed 21 full
It filters out "counter-trend" traps where a small trendline looks good but is actually pushing against a much stronger market force. Do not use limit orders sitting directly on the trendline
When a primary trendline intersects perfectly with a historical horizontal support level, a major Fibonacci retracement level (such as the 61.8% golden ratio), or a high-volume institutional order block, you have found a Confluence Zone. These intersections represent areas where multiple distinct trading groups will simultaneously place orders, creating an incredibly strong floor or ceiling. 7. Volume Profiling at Touchpoints It filters out "counter-trend" traps where a small