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Interesting questions you're asking me😅
"Are the patterns definitely working? No matter how many times I try, nothing works".
Graphical models (patterns), is one of the methods of #TechnicalAnalysis , built on the search for patterns.
Patterns are built thanks to crowd psychology. People's behavior is structured, and it will be repetitive under similar conditions, and this is the reason why patterns are formed on #charts .📈
Remember that no matter what anyone says, patterns mostly work. The only question is in the competent analysis and understanding of the market.
❗️It's important take into account a lot of factors, but if it does not work, trading on TA separately from FA has a place.
The main thing is to always remember about observance of risk and money-management!
❗️But also should not forget that any pattern can be transformed into other figures of technical #anaylsis including those opposite from the original formation.
The market is dynamic and requires constant adjustment of the trader to it, but not vice versa!