: 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.
: 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. Trendline Breakout Trading Strategy
To avoid "fakeouts"—where the price briefly crosses the line before snapping back—traders use several confirmation filters: : A third touch is widely considered the
A trendline's validity is dictated by its structure and the number of times the market respects it. Trendline Breakout Trading Strategy
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