#TradingTools101 Indicators like RSI (Relative Strength Index), MACD (Moving Average Convergence Divergence), and Moving Averages are fundamental for many traders, helping to identify potential buy and sell opportunities.
*RSI measures the speed and change of price movements, signaling oversold or overbought conditions.
*MACD reveals changes in a trend's strength, direction, momentum, and duration.
*MA/EMA / Moving Averages, on the other hand, smooth out price data, making trend identification easier.