Trendline indicator is an extremely simple analytical indicator. That connect of two consecutive peaks or bottoms of a trend. Forming the market trend.
Here are the tools that you can use together with the Fibonacci indicators to maximize the overall efficiency of forecasting trends, find optimal market entry points, and reduce risks.
Parabolic SAR is an interesting tool that has a place in any strategy. Using this indicator, you can quickly determine a trend, the right time to buy an asset or close your trading positions
Fibonacci indicators have shapes such as retracement, fan, arc, extension,... It uses Fibonacci theory to draw supports and resistances with golden ratio.
What is the Simple Moving Average (SMA) indicator? This article will show you how SMA can expect the price to change direction should buy or sell by signals