A lot of traders, even the good ones, neglect the importance of technical analysis. They believe fundamental is the type of analysis that excels at predicting possible outcomes following major political and economic decisions. While true, this statement greatly underestimates opportunities technical analysis offers for short-term trading. Getting familiarized with the most common patterns (that can be observed throughout history) will be of great advantage to any trader, no matter the experience or skills.
Test your technical analysis abilities and, if proven insufficient, read topic-based materials published in this blog. Mark your answers and then calculate how many of them have you guessed correctly
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