#TradingTools101
Mahn am good at this😎 never miss a day with me for the daily Word of the day challenge 🤗
Enter;
-Honeypot
-Security
-Activity
And those with other words please lets share in comments
Trading tools help us make smarter decisions instead of guessing. Here are three popular ones I’m learning:
🔹 RSI (Relative Strength Index)
Measures if an asset is overbought or oversold—good for spotting potential reversals.
🔹 MACD (Moving Average Convergence Divergence)
Shows trend direction and momentum shifts by comparing moving averages.
🔹 Moving Averages (MA)
Smooth price data to identify trend direction; common types are SMA and EMA.
Combining these indicators helps me confirm entries and exits instead of relying on one signal alone.