#TradingTools101

Top 3 Chart Tools You Should Master

With 4 hr TF/1 hr TF/15 mins TF before made position 4-6 Oder per Day

If you’re staring at candles and feeling lost, you’re not alone. These 3 tools help me turn chaos into clarity 👇

📈 1. RSI (Relative Strength Index)

🛠️ What it does: Measures momentum – shows if an asset is overbought (>70) or oversold (<30).

✅ Why I love it: Great for spotting reversal zones or entries in pullbacks.

📌 How I use it:

• RSI <30 = watch for bounce

• RSI >70 = potential for correction

• Divergence = early signal of trend change

📊 2. MACD (Moving Average Convergence Divergence)

🛠️ What it does: Tracks trend strength & direction by comparing 2 EMAs (usually 12 & 26).

✅ Why it’s powerful: Combines trend + momentum. Easy to spot crossovers and momentum shifts.

📌 How I use it:

• Bullish crossover = buy signal

• Bearish crossover = sell signal

• Histogram helps track momentum fading

🔺 3. Fibonacci Retracement

🛠️ What it does: Highlights key levels where price might bounce or reverse. Based on golden ratios (0.382, 0.5, 0.618).

✅ Why it works: Many traders watch the same Fib levels—it’s almost self-fulfilling.

📌 How I use it:

• Draw from swing low → high (uptrend)

• Key buy zones: 38.2%, 50%, 61.8%

• Combine with RSI/MACD for confirmation

📌 My Strategy Summary

I often use all three together:

✔️ Fibonacci = find support/resistance zones

✔️ RSI = confirm momentum exhaustion

✔️ MACD = confirm trend continuation or reversal

🔑 Trader Tip: No single tool is perfect—combine signals, don’t chase them.not oder without paper work 📑 with Eth or BtC or Bnb

💬 What are your go-to tools? Share your setup below!