Day/Swing trader

NO. 1 RULE, KEEP YOUR EMOTIONS AWAY FROM THE CHARTS
My personal technical analysis of price action in charts relies on simply RSI (14 length) and chart patterns

RSI
- to track momentum shifts by using bullish/bearish divergences
- beginner traders might have issues identifying the divergence mainly due to error in forecasting it
- bullish divergence is when there is opposing "lows" in the RSI vs the actual price action whereas for bearish divergence there is opposing "highs" of RSI vs price action
- common mistakes includes using this below 1 hour timeframes and identifying a low or high wrongly before actual reversal candles are printed for confirmation

Chart Patterns
identifying the right patterns and how to utilise a trading strategy with it is a crucial complimentary tool I use for entry/exit

-chart patterns can be easily searched on Google such as falling wedge in an uptrend(correction), inverse head and shoulders, triple tops etc.

-I personally don't attribute a forecasted narrative to trade with this patterns, for example a rising wedge indicates a sell off forecast, instead I view it as a setup for a momentum shift so I can position an appropriate entry and stoploss for it.

I use fib retracement as well since it's pretty accurate. Some would prefer MACD over RSI to track momentum with the histogram and crossovers of signal & macd line but I tend to use RSI as it's more "neat"

Back to the most important rule, keep emotions in check. If you're feeling overly sad or happy don't touch the charts and DON'T touch your stop loss/take profit if you're feeling extra scared/greedy.

This is from swing/day trader POV, not for an investor who relies more on fundamentals.