What is Confluence Trading?

🔑 Combining multiple techniques for higher probability trades.
🎯 The more factors aligning, the stronger the setup!

Key Elements of Confluence Trading

  • 📐 3rd Trendline Touch

    • Example: Price bounces perfectly off the trendline.

    • Why It’s Key: Confirms the trend is valid.

  • 📊 Fibonacci Levels (61.8% Golden Zone)

    • Example: Price retraces and reverses at 61.8%.

    • Why It’s Key: Aligns with key support/resistance.

  • 🌟 Morning Star Candlestick Pattern

    • Example: Bullish reversal candlestick forms at support.

    • Why It’s Key: Indicates a strong buyer comeback.

Confluence Trade Recipe 🥇

  1. Spot a trendline touch.

  2. Check for Fibonacci alignment (e.g., 61.8%).

  3. Look for bullish candlestick confirmation (Morning Star, etc.).

  4. 🎯 Enter confidently at the confluence zone!

Pro Example

📈 Setup:

  • Price touches trendline at 61.8% Fibonacci retracement.

  • A Morning Star candlestick confirms bullish reversal.

🔥 Action: Enter long position at confluence, with tight stop-loss below support.

Why Confluence Trading Works

✅ Reduces risk.
✅ Confirms trend strength.
✅ Aligns multiple signals for high-probability setups.

Key Tip

🕒 Patience pays! Wait for all signals to align before jumping in.

💼 Use confluence to stack the odds in your favour and dominate the charts!