Explain how
Introduction to Technical Analysis
Technical analysis is built on the principle that prices move in trends
We know that the law of physics says that if there was a power of influence on something, this thing is moving in this direction until the power comes the other reversed or continue in the direction that ends the power of this effect has been calculated this distance through the Fibonacci ratios and thus the analysis Technical derived from the laws of nature
And complements our theories of probability that something several possibilities for each and every possibility of this percentage, we find that this also supports the technical analysis in the argument that the price is moving in Turndat that trend is reflected
Thus, we will rely on the trend and the price will go at a rate of 50% to be reflected this trend, a prospect that 50% also
Why?
Because we have only two possibilities
Either moving in the direction of trend
Or
That reflected this trend
As for the possibility that the arrow is going in the direction of cross, it means zero and zero is not possible or material value to him and he means to keep the language of stock market - hold
Although these rules are simple, but we must know that the law of technical analysis is
Make it simple
