A trendline defines an uptrend until price breaks below it, invalidating the trend. Once broken, you need bullish candles to re-establish upward momentum before assuming the trend continues. Trends don't last forever.
This is the basis of every chart. When I see charts, this is all I see over and over. Let's say you get a move that came like all the way down here. This is not a little rizzy to me. It has to form on like an uptrend trendline. The second it comes like down, all the way down. If it stopped right here, I could say there would be a chance. Let's say it stopped right here and maybe I could draw the trendline right here. It could still continue on that high, but the second it comes like down below here, invalid.
So then from here, obviously you would class it as sort of a break of that trend potentially. And then the next, for that pattern to form again, you would need, I guess, some green candles and then do the same accordingly, right?
So, and then if something came like, like this, this would be a downward one to me. Let's say this was the low, it would be right here to here and take it down.
