Knowing the basic signals helps you avoid losses and take advantage of opportunities.
1. Unusual trading volume
If you notice a sudden large increase or decrease in trading volume, it often precedes a strong movement.
2. Breaking important support or resistance levels
When the price breaks a strong resistance level upwards, or a strong support level downwards, this indicates the beginning of a new trend.
3. Strong news
The announcement of a major partnership or new legislation can suddenly move the market, so keep an eye on news from reliable sources
