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Technical Analysis in Trading: How to Read Charts and What Do the Figures Mean
... can be risky.
Finally, beginners need time to learn how to interpret charts correctly. There is a degree of subjectivity: one person sees a flag figure on the chart, and another – chaotic movement without structure. An overabundance of information makes ... ... mastering the basics (for example, candles and trend lines), and then complicate things.
Conclusion: Technical analysis provides effective methods for trading, but requires competent application. The best result is achieved when technical analysis is used ...