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Yet Another Case for Technical Chart Analysis





To all those who doubt the power of technical chart Analysis ....Here is your Answer. Technical Analysis is the study of Market reaction in relation to previous Market action. All we really need to analyse any tradable instrument in a free market environment is the Price Chart (a mechanism that discounts know and unknow market ticker). Because no matter how much relevance you attach to certain economic/political event, you will be wasting time if the market itself does not react.

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