Today we will talk about the famous schools of market analysis:
1- Classical School (Price Action):
Relies on price action and price patterns.
Price action is the basis for all types of technical analysis.
It is used to determine entry and exit points for deals.
2- Harmonic Patterns School:
It is based on specific geometric patterns in charts.
It aims to identify trend reversal points.
3- Supply and Demand School:
Focus on supply and demand levels in the market.
It is used to identify support and resistance areas.
4- Elliott Wave Theory School:
Based on Elliott Wave Theory.
It tries to identify recurring patterns in price movement.
5- Price Action School:
Relies on price action and price patterns
Price action is the basis for all types of technical analysis.
These schools are powerful tools for understanding price movement and making informed trading decisions. They can be used in conjunction with other tools for market analysis. đđ #Binance #ŰȘۯۧÙÙ #Ù۱ÙŰšŰȘÙ
