#TradingTools101 Many beginners often overlook the importance of technical analysis tools such as RSI, MACD, Bollinger Bands, or Fibonacci Retracement. However, these tools not only help identify entry/exit points but also increase the ability to manage emotions during strong market fluctuations.

For example, when the RSI exceeds the 70 threshold, it may signal that the market is overbought – at this point, traders may consider taking profits. Conversely, when the MACD crosses above the signal line, it is often a sign that an uptrend is forming. The important thing is: do not use a single tool in isolation; combine at least 2–3 tools for a more comprehensive view.

What tools are you using? Share to learn together.