This post will show you where is the exact trade opening position using trend line breakout strategy. Trendline break out is a simple and profitable technique if we draw the correct trend line. I use MACD Histogram to confirm my trendline breakout. When price break the trendline, I check if MACD Histogram flip over. This confirm my entry point. See how it works below.
Please note that this strategy only look for 13 pips (minus 3 spread)
