Technical Versus Fundamental Support Levels

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Technical Versus Fundamental Support Levels

One of the most wonderful aspects of studying charts and learning to read them properly is that the technical trader has the viewpoint of all the traders both professional and retail, who are employing technical patterns for their buying or selling decisions. In addition, anyone who is able to interpret and understand chart analysis also is able to see what the fundamentalists are doing. Fundamentalists who do not use technical analysis have many blind spots in their analysis which can be problematic.

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