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by deandree
2028 days ago
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Patterns are an oldschool Technical Analysis fallacy that blindly believes that X means up and Y down. More practical and successful approaches (Price Action) focus on statistical significance and recognizing market context and supply/demand imbalances. Self-fulfilling prophecy is not a real thing - take any chart and you can find 10 patterns that say up and 10 that say down. Big players move the markets and they don't use retail trader Technical Analysis patterns. |
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