Post
Topic
Board Trading Discussion
Re: Do you believe Technical Analysis?
by
AnisahSiti
on 18/11/2023, 03:49:02 UTC
Technical Analysis predict the next possible direction of the price...

This is very precise, with TA we can find out the level of possibility that the market will move. In TA we can also validate support resistance which can show the direction of the next trend that will be created. This is one of the uses of TA which may not be one hundred percent accurate, because price movements are also influenced by fundamentals. For example, if there is news regarding the world economy, prices will also tend to be volatile and able to change direction according to fundamental sentiment.