Price bounced off that trendline and shot straight back up. Traders call this setup the Trendline Bounce. It shows buyers stepping in at support. See the three touches climbing up this rising trendline, each higher low. Always wait for a confirming candle close before you enter.
Learn this setup step by step: https://thenojoblifestyle.com/web-stories/trendline-bounce/
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Not financial advice. Trading involves risk and you can lose money.
