Technical analysis most definitely works except the subject itself is so complex very few have done the necessary work required to actually discover the language of the market.
I've never read a book that even begins to grasp concepts in technical analysis that I use on a daily basis...
Trend lines are extremely subjective, many factors add to this subjectivity.
I will just name a few.
A downtrending line in a 15min chart does not attach to the pivots the same way a 60min would, therefore, is not just which is the correct style but on which time frame? Which...