Market doesn't JUST DROP
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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