people especially TECHNICAL people try to draw lines on a long term spy chart BUT... they became TOO technical.. and forgot that behind every drop was a event either political or economical
Technicals was always meant to be used as a IF the markets starts falling when is it a real fall (support break +retest etc..) and when not, and if it is THE DEAL till where could it drop before buyers become intrested even with whatever event is going on . Technicals was never the event forecaster and people somehow grew to look at it that way
Technicals was always meant to be used as a IF the markets starts falling when is it a real fall (support break +retest etc..) and when not, and if it is THE DEAL till where could it drop before buyers become intrested even with whatever event is going on . Technicals was never the event forecaster and people somehow grew to look at it that way
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.