Strategic Technical Analysis

Many people in financial markets are interested in and passionate about technical analysis. The primary reason is that visual graphics are basic and focused on short-term results. As a result, technical analysis is more appealing than financial analysis, which is primarily mathematical.

However, how effective is technical analysis among investors today? The most typical problem is when traders get caught up in short-term intraday charts and lose sight of the big picture. Furthermore, they are unaware of how exhausting the intraday charts are. In reality, the most important thing to see and remember is to look at the big picture and plan a strategy accordingly. Because although short-term charts have limited returns, technical tactics focused on the broad view and based on trend analysis have significantly higher returns.

While investments lost in the small picture and intraday charts attempt to generate a return by making tens of hundreds of transactions, investors who see the key trends and the big picture can achieve far more than the same return with only a few non-weary transactions.

Furthermore, candlestick charts could be more understood and utilized correctly. Candlestick charts, on the other hand, convey messages. It might signal the end or beginning of a significant trend. The simplest and most common candlestick chart formations can provide significant benefits.

This course will keep the investor from making unneeded and exhausting market transactions. It aims to help investors recognize patterns and big pictures rather than getting lost in details. Instead of becoming buried in multiple indicators, only a few indicators and candlestick charts were combined, and a simple narrative was created so that investors could see the messages given by the charts.