#TradingTools101 The key is the confluence – the convergence of multiple signals from different indicators to increase the probability of success.

* Identification of the Main Trend (Moving Averages): First, I check the long-term EMAs (200) to understand the overall trend. I do not trade against the 200 EMA unless there is a very strong reversal signal.

* Identification of Opportunity Zones (Moving Averages and RSI/MACD):

* In an uptrend (price above ascending EMAs): I look for pullbacks in price towards the 20 or 50 EMAs. In these pullbacks, I check if the RSI is approaching or entering the oversold zone (30-40) and if the MACD is showing a decrease in bearish momentum (decreasing histogram or MACD line approaching the signal line).

* In a downtrend (price below descending EMAs): I look for rallies towards the 20 or 50 EMAs. In these rallies, I check if the RSI is approaching or entering the overbought zone (60-70) and if the MACD is showing a decrease in bullish momentum.