Control and decision is always yours

Technical analysis is a method used to evaluate and predict future price movements of financial instruments, primarily based on historical price and volume data. While some traders and investors find technical analysis to be a useful tool, it's important to note that it has both proponents and critics.
Advocates of technical analysis argue that it can provide valuable insights into market trends, patterns, and potential entry and exit points. They believe that historical price movements can reflect market psychology and that patterns tend to repeat over time.
Critics, on the other hand, argue that technical analysis is subjective, lacks a solid theoretical foundation, and may not consider fundamental factors that can influence market movements. Critics often emphasize that past performance does not guarantee future results and that relying solely on historical price data may lead to biased or incomplete conclusions.
Ultimately, the effectiveness of technical analysis depends on various factors, including the trader's skill, the time frame being analyzed, and the specific market conditions. Some traders use a combination of technical and fundamental analysis, while others may rely more heavily on one approach over the other.
It's essential to approach technical analysis with a critical mindset and consider it as one tool among many in your decision-making process. Additionally, risk management and an understanding of the limitations of any analysis method are crucial for making informed decisions in the financial markets.
In conclusion, the most important thing is to make your own decision based on your own knowledge and the current conditions of the markets. Technical analysis is navigation, steering and control are completely in your hands.