Instead of complicated analysis, you need only to identify the trends and look for a confirmation between the short-term trend lines, long-term trend lines and sometimes volume. This information is often more than enough to push your trading confidence above the 55% level I like to see. Even most of the successful traders do not trade profitably at more than 55% probability on a regular basis. They still are able to make their millions, or billions in some cases, because they let their winners run.