>>60612456The problem with ta is there's an explanation whether its right or wrong. If it breaks the 200 and falls back down "it was a fakeout", if it retests and holds "ok buy now" if it falls back down 2 weeks later "ok another fakeout"
And even then, there's other arbitrary rules like "its too hot it has to retest the 20 week or whatever" and then it never does... on and on. The only use TA has is to give people the illusion they can predict the market.