How can you combine different technical indicators to enter a buy trade?

I won’t repeat the same words, but I will summarize it as much as possible.

In the previous post, we defined types of technical indicators.

And we said that they are represented as follows.

1. Moving averages. (ema, sri, vol. Macid.)

2. Fibonacci ratios. The most important of which is (0.618)

3. Japanese candles.

Example (BNB/USDT)

The highest price over 24 hours is 560

The lowest price over 24 hours is 500

The current price is 540.

Let’s assume we want to enter a buy trade on the above pair. Is the time suitable?

First - we go to the chart and take a look at the different time frames to know the market direction, whether it is positive. For example, in the 4-hour frame, is the last candle green with a large trading volume?

Second - we calculate the Fibonacci ratio 0.618... Is it at the current price, above it, or below it?

If we calculate in the example, we find it below the price, so if a 5, 15, or 30-minute candle closes above this ratio, it will be a positive indicator.

Third: The moving averages, especially MACD, do they show a positive crossover, meaning the fast moving average is above the slow one?

If all these indicators are positive.

Entering will be very suitable

And the first target will be 547.16 according to the previous example.

This means we enter at a price of 537... and exit at 547...

The example is just for clarification. It is not real.

I hope I have conveyed the idea.

Regards.