Technical Analysis how horizontal trendline works

$BAJFINANCE A horizontal trendline breakout and retest occurs when price breaks above a significant horizontal resistance level after multiple failed attempts, indicating that buyers have gained control. After the breakout, the price often retraces to test the same level from above, where the previous resistance acts as new support. If buyers step in and the price holds above this level before moving higher, the retest confirms the breakout's validity and strengthens the bullish trend, offering traders a higher-probability entry with a defined risk level.