Disliked{quote} Look here my friend Davit. I give you if you want you take, if you do not. The decision is entirely yours. In this case, my TL revealed truth. Price back. We can expect to close at around 3718.Ignored
I am discussing more about TL in terms of price predictability.To me it has no edge.
Price moves by buyers and sellers=order flow.One sides wins price moves.It does not move because of TL.It moves because of order flow.
They are so many failed TL trades that one can go bankrupt assuming its reliability.
As example on weekly TL is broken.We should be looking for shorts technically but we don't know which way order flow will go (big money moving price may have different view).We just don't know.
Regards
In trading, you have to be defensive and aggressive at the same time