technical chart patterns are lagging indicators reflecting t...
technical chart patterns are lagging indicators reflecting the aftermath of the trading actions. Yes you can tap on the trading momentum based on the technical chart analysis but you just can’t be 100% especially there’s market volatility. To me following ir even intercepting market sentiment would be the most realistic so as to be ahead of the game for most of the winning time!
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JackieRose : It is also important to follow news events in a timely manner