Bounce off the trend line

Zaktualizowano
Prices following the trend neatly.
A strong retest of the trendline and the support.
Zlecenie aktywne
Bought it at 44.65. SL 37.5 Target 55
Uwaga
Didn't hit stop loss of 37.5 yet.
Uwaga
snapshot
Uwaga
Trailing SL to lock profits!
Uwaga
I just love the simplicity of drawing trendlines!
No reading news
no effort to scan fundamentals required
can get a low risk high reward entry
allows one to be independent of the noise around

But the major problem with it is the nagging question:
How can it be so simple?
Believe me, I have been through it and still have it in the back of my mind everytime I trade/invest.
Trend Analysis

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