【FX】Chart patterns are occult? Technical analysis cannot predict.
▼This continues from the previous time.
【FX】Trading Strategy【GOLD】Prediction is Not Possible 2025.02.27 (Thu) FX
When I looked into the probability that the chart pattern would play out as expected, it was only 40%, so you can’t rely on it
I found that the probability of it being wrong is higher
It cannot be said that you can predict with chart patterns
Some people would call those who think chart patterns will play out as occult
Chart patterns cannot be used
A fortuneteller who is only 40% accurate is unusable
Weather forecasts that are only 40% accurate are also unusable
Fortune-telling and weather forecasts become meaningless if they cannot be relied on
However,Trading is not about predicting and winningTherefore, it’s not a problem even if chart patterns cannot be relied upon
Chart patterns and technical analysis cannot predict the future; they are unreliable
But they can be used in trading
“Predictor”
Trading is about predicting and winning
Aiming to predict the market is, of course, a belief that one does not question
without doubting that belief
From the predictor’s viewpoint, you cannot win with chart patterns that cannot be predicted.
First, you need to free yourself from the predictor’s brainwashing.
【FX】Are chart patterns occult? Technical analysis cannot predict