📈WHY TECHNICAL ANALYSIS WORKS🤝

Technical Analysis (TA) works not because charts have magic powers,,,but because human behavior is surprisingly predictable.

This is why it works:

• Market psychology repeats: Fear, greed, FOMO, panic; these emotions create patterns. Price charts are just visual reflections of crowd behavior. TA tools like support, resistance, and trendlines map out these reactions.

• Self-fulfilling prophecy: Millions of traders watch the same indicators; RSI, MACD, Fibonacci, moving averages. When enough people believe a breakout will happen, they make it happen by buying or selling in sync.

• Institutional habits: Big players use TA too. When you see volume spikes at key levels, it’s often whales or funds positioning. TA lets smaller traders spot where the giants might act.

• Probabilities, not certainties: TA doesn’t predict the future, it gives you edges. It shows you where the odds might tilt, not guarantees, but informed guesses.

TA works best in liquid, speculative markets (like crypto and forex), where fundamentals are fuzzy and sentiment rules the game.