What is simplified classical analysis? And what is it useful for?
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We can divide technical analysis into several sections (important)
Classical analysis: it relies on classical tools such as lines, bars, and points; classical meaning very simple. This is what this article will discuss.
As for the other three types, which are considered modern and advanced, there will be detailed articles such as: Harmonic, Elliott, Price Action, which also help in understanding the market's situation.