**Execute the trade**
Once the breakout is confirmed, there are two primary entry strategies:
**Aggressive entry**: Enter a long position immediately after a candle closes above the upper trendline.
**Conservative entry:** Wait for a retest of the broken trendline, which now acts as a support level. Enter a long position when the price bounces off this line. This approach offers a tighter stop-loss but may cause you to miss the trade if the price does not retest the trendline.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.