Technical analysis is about identifying repeatable patterns and using them to gain an edge in the market.
Take $LINK as an example:
Highlighted in orange, we saw a classic liquidity sweep below support, followed by a strong recovery, commonly known as a Wyckoff Spring. The price then broke its descending trendline, successfully retested support, and continued upward.
Now look at the current price action. Do you notice any similarities?
The goal isn’t to predict every move. It’s about recognizing setups where the odds are in your favor and managing risk accordingly.
Patterns repeat. Learning to recognize them is what sets traders apart.
$LINK