: A valid trendline requires at least two points (swing highs for downtrends, swing lows for uptrends).
Guide to exploring the Trendline Trading Strategy - Capital.com Trendline Breakout Trading Strategy
: 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. : A valid trendline requires at least two
The is a high-reward technical analysis method that aims to capture the early stages of a trend reversal by identifying when price decisively violates a multi-touch trendline. 1. Identifying a High-Probability Trendline Trendline Breakout Trading Strategy
A trendline's validity is dictated by its structure and the number of times the market respects it.