One of the biggest misconceptions in technical analysis is that a price target is a prediction.


It isn't.
A target is simply the outcome of weighing probabilities based on the evidence available at the time.
Markets are dynamic. New information changes those probabilities, and trends rarely move in straight lines. Even when the primary target remains valid, counter-trend rallies and pullbacks are a normal part of market structure.
Good analysts don't predict the future, they continually reassess probabilities as the evidence evolves.
Think in probabilities, not certainties. That's how professionals manage risk.
#Trading #Investing #Bitcoin #Crypto #ElliottWave #RiskManagement #OIL
BTC-1.11%
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