“There seems to be some perverse human characteristic that likes to make easy things difficult. ” ― Warren Buffett
I think this Quote applies very well to Trading-Setups - Technical Analysis does not need to be complex or difficult. Considering myself as a TA-Nerd, I love to play around with Indicators, try to mix them or develop new ones. But sometimes it is a good Idea to step back and try to make things easier instead of overcomplicating things.
This EURUSD Setup is a good Example: We have a Signal, a confirmation and a simple rule for taking Profit:
Signal: Bullish Divergence of Price vs. Momentum
Confirmation: MACD about to cross the Signal-line
Take Profit at the latest untouched daily Pivot (1.16996)
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.