🔍 How to Have a Good Eye for Trading? 📈💰
If you want to quickly improve your chart analysis, follow this simple yet effective process:
1️⃣ Identify the structure: There are only three types of markets:
📊 Bullish (upward trend)
📉 Bearish (downward trend)
➖ Sideways (no defined trend)
2️⃣ Locate the key points: Observe where the price reacts. These are essential support and resistance levels.
3️⃣ Analyze the price action: How do the candles arrive at those points? Do they form patterns like double top, hammer, engulfing, or parity?
4️⃣ Confirm with indicators: RSI, moving averages, volume… Use tools that reinforce your analysis and help you make decisions with greater confidence.
💡 Remember: Trading is not guessing, it is interpreting the market with logic and discipline. Ready to improve your analysis? 🚀