Quote from: dominos on Today at 12:25:19 PM

Quote from: beerlover on May 22, 2020, 03:49:42 PM

However, even the idea that someone can look at TA and say 5.5k while the other person could look at it and say 100k could very well be enough reason that people either don't know how to use TA at all, or basically it is a proof that TA could be looked from anywhere you want and you could see whatever you want, people could literally draw any conclusion they could want.

Yes, mainly because everybody can look into other interval of the chart, see other patterns, see other trend/triangle lines and have other opinion.
I don't know if it is really good or bad but that's how you see people saying 5,5k, 12k, etc. and other random numbers which are not helping anyone with getting statement where the market is right now.

agree, it depends what chart interval do you look at, i am not an expert in TA, but know that chart interval should be in line with your expectations, if you plan long term investment, you do not need to look at 15 min chart, and what that chart is showing should be irrelevant to you, you should be interested in long term, so daily, or weekly chart, if not monthly should be looked at - and these charts are all showing different lines and goals, because time frame is completely different for daily trader and long term investor (including all steps in-between)