Trendline Lesson 101

Try to make your trading chart simple, neat, and clean. you don’t need any sophisticated indicators, or beyond god-like phd level calculation to make the trade. The most simple method is just only require a trend line to have the fun!

From the chart you can see a yellow trendline link up all the previous High dots. Then whenever a price closed above the trendline, accompany with volume surged, then that is positive sign for a true breakout, a possible trend reversal happen!

If you missed the boat to enter sharp during breakout, you still have a 50% chance to enter when the price pullback to retest on the previous trendline, which previously act as resistance, but now it become a support.

Don’t be a reckless trader. Make sure control your risk during trading. Cheers and have fun!
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