Occasionally, I will use a moving average as a confluence item. But I am not going to have 10 different TA indicators on my chart. Nope, been there, done that.
Of all ta, I find range to be most useful, because it shows trade potential. An uptrend or breakout in a low-range choppy chart is much less tradable than a wide-range clean chart. I find market internals TRIN VIX and in vs out S&P day, premkt futs very important to factor in. Gap continuations are my favorite pattern, and I use volume and tape reading to confirm entries
Bingo! Now what does a trader do during that “set direction” as the trader is waiting for the reaction BACK to the previous level? Well..I know what this trader is doing. It may be too volatile and disconcerting to mention it right now so I will refrain. Suffice it to say, if the trader has been reading some of my posts, especially those in my journal, the trader might detect the tactics that can be useful in such scenarios. The one statement above is worth its weight in gold namely; “PRICE IS NOT RANDOM.” When a trader can come to this realization they can sing.... PS the scenario happens all day long.