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👉🏽 When should you trade in a retest?
Allow the Stock to Retest: This is the most critical step. When a stock price breaks a resistance level, old resistance becomes new support. When a stock breaks a support level, old support becomes new resistance.

👉🏽 Why retest happens in forex?

A retest does not happen when price touches a support/resistance, trendline or moving average. A retests is only a valid retest when price has moved away from the area again. So in the example below, the retest will only be a retest once price as broken the previous support-resistance flipzone.

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💯 some questions you NEED to confirm before you a stock for long✅
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👉🏽Moving averages add reliability to all technically-based day trading strategies and, in most cases, identical settings will work in all short-term time frames.
👉🏽5-, 8- and 13-bar simple moving averages (SMAs) offer perfect inputs for day traders seeking an edge in trading the market from both the long and short sides.

🧠 5-8-13 Moving Averages🧠
👉🏽The combination of 5-, 8- and 13-bar simple moving averages (SMAs) offers a perfect fit for day trading strategies.

👉🏽These are Fibonacci-tuned settings that have withstood the test of time, but interpretive skills are required to use the settings appropriately.

👉🏽It's a visual process—examining relative relationships between moving averages and price—as well as moving average slopes that reflect subtle shifts in short-term momentum

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Here are some easy Steps of Trade Confirmation:
1️⃣Identify the areas of buying & selling pressure: support & resistance
2️⃣Identify the trend
3️⃣Check any Chart Patterns
4️⃣Check any Candlestick Patterns
5️⃣Confirm Indicator signals

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