John Murphy – Technical Analysis and Indicators

John Murphy is one of the most influential figures in modern technical analysis.

His famous book “Technical Analysis of the Financial Markets” is considered a global reference for traders.

His core belief is simple:

> "Price reflects everything."

In other words, all news, expectations, and emotions are already priced into the market.

Murphy relies on tools such as:

Trendlines

Moving Averages

Momentum indicators like RSI and MACD

Support and Resistance levels

He emphasizes trend confirmation, meaning you shouldn’t rely on a single signal.

Instead, wait for multiple indicators to align and confirm the direction.

Example?

If the price is above the moving average and RSI is trending upward, that’s a stronger confirmation of an uptrend.

Key takeaway?

Understand your tools before using them, and make decisions based on multiple signals—not just gut feeling.

---$WCT $XRP $SOL #BTRPreTGE #CryptoClarityAct #BNBBreaksATH #TrumpBitcoinEmpire #BTCvsETH