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Simple trading

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Trading can be easy and rewarding, if you do not overcomplicate things.

Have you heard the phrase "analysis - paralysis?"

My advice to novice traders (and even to experienced ones) - focus on high-probability setups.

One of the most obvious patterns - is the break out/ break down of the trend line .
Usually, three taps hold, but the fourth one is usually place where you have to look out for trade opportunities.

Combine it with MA50 and you will get a reliable entry with a decent risk/reward.

Good luck!

PS. In the update you will se another example
Nota
Adding RSI (a leading indicator) - helps confirm the entry
Watch the chart - highlighted key signals there. Those who want to learn, will see evth on the chart, no need to explain obvious things.

istantanea
Nota
here is another example. Fourth attempt - trend line broken, likely reversing
istantanea

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