【Question】I can’t really trust things like N-shapes or M-shapes; I can’t even trust Elliott Waves, so 【Answer】
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A know-how on how to specifically use the N-shape
【Questioner】
I can’t really trust things like the N-shape or the M-shape
I can’t believe in things like Elliott Waves, first of all
Honestly, isn’t it too post-hoc?
Even if you call it market theory, I don’t feel I can apply it
【Answer】
Whether this can be sublimated into a method that has adaptability in the market depends on
whether your impression changes
I myself didn’t trust Elliott Wave or harmonic patterns at all
But after long experience in the market, you realize that such concepts actually pair very well with technical analysis
If you extend it in that direction and use these
it sublimates into a fairly effective strategy
It may seem like a difficult concept, but
please read it and get used to it by combining with technical analysis in practice
I think this will become quite powerful
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