ShreeKrishna

Why Analyst Call Market repeat itself

ShreeKrishna Updated   
NSE:COALINDIA   COAL INDIA LTD
if you look carefully , you will find always always market repeat itself , But most do not see it due to lack of Proper education

Professional always follow the pattern and & direction of Pattern ,

Irony is when few people try to copy chart form Professional analyst , they really do not understand even by copying it ,

Some one commented that I dont know Technical analysis , its true Because i dont fell for Hertz mentality ,

Technical analysis is not only a price data analysis it also has logic and psychology in it , Logic that gives you an edge while taking a trade or placing trade

psychology is one which gives an visual representation of Mass People participation's in the form of Repetitive patterns

And this scrip is repeating it self , one can view an visual info on the chart and try to Understand it

Good luck
Comment:
One has consider Many factors while taking account of trend change based on HTF

here I cant explain everything because we call it as research
but
Logical Explanation should be treated in logical manner
if primary forecast works then no need of alternative forecast
if primary forecast do not pan out then alternative forecast should be ready

I have given an explanation on Past movements in this scrip
I am looking for developing forecast so either my primary forecast will work
or alternative forecast will work

at this moment alternative forecast has worked perfectly tagging one of the price of 139.65 and bounced

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