Don’t trade one-dimensionally on technical recognition
@SmartReversals:
We’re navigating market environments that are far from straightforward. The recent wave of tariffs have injected considerable uncertainty into global trade and economic policy. These external factors can contribute to conditions that define competitive advantages or vulnerabilities within sectors or for specific stocks. During these times, technical analysis isn’t just helpful—it’s indispensable.When you see a candlestick forming near a major support line amid ongoing macroeconomic headwinds, it’s more than just a price reaction; it’s a signal that market participants may be defending what they perceive as fair value, despite external pressures. In practice, if you’re trading a security that historically respects a certain price floor, a strong bullish candlestick formation near that zone—