hi,i am fairly new to the market and want to know more about technical analysis technique other than Bollinger band and MACD. paila paial extreme bull vanda agade this method used to work like a charm but nowadays market trend doesnt comply according to these 2 methods.
Aru le gareko analysis, graph ko projection herera line tanera mathi ki tala janxa herne personally i think that has no significant scientific procedure ,data haina ki trend hereko hola matrae lagxa. i can be wrong in that please guide me.
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3 comments
RSI, Moving Average etc.
I think Ichimoku is the best as I used to do when I did Forex. When it is in double top or triangle formation use fibonacci retracement. Combine two of them. I am not technician in NEPSE but looking for Fundamentals. Watch some videos about Fibo and Ichi. Happy Investing.😊.
Go for price action. I thinks it’s the best technique for TA. You focus on the candlesticks which basically tells the psychology of people like at what price the buyer or sellers are active. I myself tried multiple indicators but couldn’t rely on them. Solely relying on indicators won’t work, you need to use it along with price action to get the best result.