Bounce off the trend line

٢٥ ديسمبر ٢٠٢٠

Prices following the trend neatly.
A strong retest of the trendline and the support.

٢٨ ديسمبر ٢٠٢٠

تم فتح الصفقة

Bought it at 44.65. SL 37.5 Target 55

٢٨ يناير ٢٠٢١

ملاحظة

Didn't hit stop loss of 37.5 yet.

٨ فبراير ٢٠٢١

ملاحظة

٩ فبراير ٢٠٢١

ملاحظة

Trailing SL to lock profits!

٢٧ فبراير ٢٠٢١

ملاحظة

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.