Also, a little bit. Trading, besides technical analysis.
Macroeconomic news is also very important.
Because technical analysis determines your entry and stop-loss points.
However, your take-profit might not be firm.
For example, if you are bearish but hesitate, macroeconomic bad news might lead you to short.
For instance, if you originally planned to trade short-term, but due to macroeconomic bad news, you might hold for the long term.
If.
You are shorting well, and then macroeconomic good news causes a rally.
The impact of macroeconomics on technical analysis can be both good and bad.
Bad, sometimes misjudgments can mislead you.
Good, it can boost your confidence in your positions,
