【Question】Are chart patterns important? I don’t think they seem meaningful…【Answer】

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Trading method using chart patterns only

【Question】

Are chart patterns important?

I don’t think they’re meaningful…

The reason is

Even if you think, “It’s a certain pattern!”

if you’re immediately turned around,

you wouldn’t become that pattern, would you?

So I think it’s totally meaningless and counterproductive

【Answer】

Well, I understand what you’re trying to say

However, even if this doesn’t turn into a specific pattern

that doesn’t mean it will necessarily trigger a stop loss, right?

Of course, if you kept hitting stop losses every time, your funds would run dry

If you carefully recognize patterns with discretion

you can suppress stop losses, and

even if it doesn’t become a certain pattern, waiting can often lead to a reversal

recognition of another pattern

There are such aspects

In that case, performance would be completely different

The market’s movements can change drastically

Therefore, this chart pattern is only a temporary measure

However, by deciding not to perfectly recognize patterns

and combining ambiguity, you can achieve reasonable results

Basically, I think technical analysis itself is a form of technical analysis

Chart patterns are quite an excellent strategy, so it’s good to become proficient in practical use

【Reply to the answer】

Thank you!

I understand that chart patterns are not meaningless

Chart patterns do have meaning

To use them practically

I think I’ll start using them

Thank you very much for today

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