I sometimes think of forex as a battle. I know this is a common way to think about it, but I go a bit deeper. You have your offense and defense for both teams. The offense are reasons to go in the teams direction, and the defense is a reason to think price will hold if price is moving in the opposite direction. The defense only matters after a trade has been made.
Bulls (long trades)
Offensive:
Momentum
Hammer
Above 200EMA
Upward trendline
Oversold conditions
MACD increasing
Defensive:
Support
Price at 200EMA
The Bears team is pretty much opposite
Offensive:
Momentum
Hanging Man
Below 200EMA
Downward trendline
Overbought conditions
MACD decreasing
Defensive:
Resistance
Price at 200EMA
If a trade goes against me depending on how close price is to 200EMA, it may have to actually break it to stop me out. I usually only make a trade when the team I’m rooting for has at least 3 offensive moves and in case of a reversal, a strong support/resistance point (defensive move) that it would have to break through. By strong I mean either a line where price has bounced back at least twice although preferably 3 or more (whether as support or resistance), or a point where it is a single bounce but a very prominant one.
Feel free to add your own. These offensive/defensive moves are nothing more than factors for determining how to make a trade, but it’s more fun to think of it as a battle I think.
Hopefully, my team will become victorious 
