📈Hello family📉
Let's break down some key Momentum Indicators we use in trading:

1. MACD (Moving Average Convergence Divergence): This one shows us the relationship between two moving averages of price. When the MACD crosses above its signal line, it's a bullish signal, and when it crosses below, it's bearish.

2. Stochastic Oscillator: This compares a closing price to its price range over a specific period. It helps us identify overbought or oversold conditions. Above 80 might be overbought, below 20 could be oversold.

3. RSI (Relative Strength Index): Measures the speed and change of price movements. An RSI above 70 is considered overbought, while an RSI below 30 is considered oversold.

Understanding these can help us get a sense of market momentum and make better trades!🕯📈📉
#macd
#rsi
#trading

💬 Trading Tip 2👇

The Top Traders Aren't The Ones Who Guess The Future Right, But The Ones Who Make Money From What The Market Offers, By Being Disciplined And Tough.

@safa

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Fam, Here's the breakdown for a Trading Setup:

1. Identify the Tops: Spot two peaks at the same level, known as a Double Top.
2. Watch the Neckline: This is our support line. If the price drops below it and comes back up but doesn't cross it, pay attention.
3. Look for a Bearish Candle: A big red candle after the price touches the neckline again means sellers are in control.
4. Sell Signal: When you see the big red candle, that's our cue to consider a sell, as it suggests the price could keep dropping.

Remember, these setups show us potential reversals. Time your move with the market's rhythm!✔️

Be ready

💬 Trading Tip no-1👇

Understand Leverage First! ❗️

Leverage Lets You Trade More Money Than You Have In Your Account. It's Like Using A Magnifying Glass To Make Things Look Bigger. 🟢

But Be Careful, Just As It Can Make Your Wins Bigger, It Can Also Make Your Losses Bigger.
🩸