Technical analysis is only a small part of the trading equation. However, most traders spend most of their time on it…
A much bigger part of the trading equation is psychology and what the majority are doing.
Sell when everyone else is buying and buy when everyone else is selling.
A simple technique you can use is to try and Identify where a cluster of stop losses are likely to be placed. Then aim in that direction. You will usually find then just above or below recent highs and lows.
In other words, become a stop hunter.
Your TP should be the other traders SL. Remember, when you want to buy, someone has to sell to you. when you want to sell, someone has to buy from you. You want to make money on that deal.
I mentioned earlier, that the more times a support or resistance level has been tested, the weaker it gets. There is also, probably, a large number of stop losses placed on the other side
That is why I have taken profit there here.