Technical analysis strategies

1. Support & resistance strategy  

You can use support & resistance simply enter the trade.

 

Now this picture have one support and one resistance  you can see it 😌

    You enter the buy order touch this support .

    You enter the sell order touch this resistance .

2.moving average strategy 

      

Look at the this picture.

You can see  4 moving averages  in this picture. But we want 2 moving average for this strategy .

         1. 20 moving average (red colour in this picture.)

         2. 50 moving average ( white colour in this picture.)

We use 50 ma find the what trend in the market.market below the 50 ma it is down trend.market above the 50 ma it is up trend.

You get the order with a trend 

   You in uptrend you get the buy order

   You in downtrend you get the sell order

In this picture we in uptrend because market have above 50ma. 

Now you can get the buy order touch the 20ma(red colour moving average) .

 (Use this trick get short term orders. Use 5min,15min,1h chart)