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Here are Some Analysis Tips For Beginners👇
1. Bollinger Bands: Use Bollinger Bands to gauge volatility and potential breakout points.
2. Volume Analysis: Study volume to confirm trends and identify potential reversals.
3. Fibonacci Retracement: Use Fibonacci retracement levels to predict potential support and resistance levels.
4. Ichimoku Cloud: Utilize Ichimoku Cloud to understand support, resistance, trend direction, and momentum.
5. Divergence: Look for divergences between price and indicators to anticipate potential reversals.
6. Pivot Points: Calculate daily, weekly, and monthly pivot points for potential support and resistance levels.
