Trend-line breakout trading strategy
About the Trend-line breakout trading strategy. This is a common strategy, which is used often. A trend line is a line connecting two or more highs or lows, with the lines projected out into the future. As you can see, we draw the line and connect these two highs. When the market moves in the opposite way of the trendline, it will test the trendline before continuing the intended direction. Let us see some examples.