Technical analysis reflects the collective beliefs of all market participants Candlesticks with a few moving averages – with confirmation on Multiple Time Frames (MTF) -- is all that is needed to objectively trade any instrument.
Many unfortunately get caught up in the myriad of oscillators and education firms touting their “proprietary indicators” as the “holy grail”
Oscillators are derivatives of price and volume (meaning “derived from”). So why, then, should anyone use them since they only tend to confuse and complicate trading?
All the needed information is right in front of you with the price patterns.
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