And after a superficial look at any school, you will find it goes back to the origin, which is support and resistance.
Only the method of presentation and application differs.
So what are the schools of technical analysis?
🔹 The market is one… but the ways of reading it are different, and that’s why technical analysis schools emerged:
1️⃣ The classical school
✅ Depends on support and resistance + trend + patterns (like head and shoulders).
✨ Simple and straightforward.
2️⃣ Indicator School
✅ Like RSI, MACD, Moving Average.
✨ Provides overbought/sold signals or entry/exit signals.
3️⃣ Price Behavior (Price Action)
✅ Reading candlestick movement (Pin Bar, Engulfing).
✨ Price is considered the "most accurate indicator".
4️⃣ Elliott Waves
✅ The market moves in repetitive waves according to the psychology of traders.
✨ Requires long experience and practice.
5️⃣ Jan & Fibonacci
✅ Based on mathematical ratios (38% – 61.8%).
✨ The market often respects these ratios.
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📊 Technical Indicators
Numbering in the thousands (any programmer can invent a new indicator).
But they are all based on price, volume, and time.
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✨ Summary
There is no school or indicator that provides 100% success.
The basis: the price itself (Price Action).
The tool is just a means… and success depends on your experience and your management of capital.
And good luck to everyone ❤
