Part 70 | Confluence
Confluence means 2–3 different signals are saying the same thing — like a support level + RSI oversold + a bullish candle. Relying on one signal is gambling; trading confluence is a system.
How to build it:
1. Level (support/resistance) + indicator (RSI/MACD) + candlestick pattern
2. Enter only when all three point in the same direction
3. The stronger the confluence, the larger the position size (within limits)
Remember: one witness isn’t enough to make a decision — you need three witnesses.
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#Indicators #RSI #MACD #TechnicalAnalysis $BTC
Confluence means 2–3 different signals are saying the same thing — like a support level + RSI oversold + a bullish candle. Relying on one signal is gambling; trading confluence is a system.
How to build it:
1. Level (support/resistance) + indicator (RSI/MACD) + candlestick pattern
2. Enter only when all three point in the same direction
3. The stronger the confluence, the larger the position size (within limits)
Remember: one witness isn’t enough to make a decision — you need three witnesses.
Follow 👇
#Indicators #RSI #MACD #TechnicalAnalysis $BTC