Right now, I really feel suspicious about whether technical analysis has truly developed based on statistics and econometrics. Are SMA 25-day, 75-day, 150-day lines really necessary? Is the Ichimoku cloud even needed, or is it just unnecessary? Moreover, I am questioning whether chart analysis and candlestick patterns are even essential at all. Do we really need all these indicators and tools, or are they just cluttering the analysis? Perhaps we should reconsider what is truly necessary for effective trading analysis and focus on the fundamentals instead.
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