RE:RE:RE:RE:Hopefully not the MOZ effectNo. It's not my opinion it's a fact. Correlation doesn't equal causation. Explain "oversold" and "overbought" and tell us from what perfect price is something oversold or overbought and how you determined what the exact price should be
Bonus points if you can find a single academic peer reviewed empirical study that demonstrates the viablity of ANY t/a system.
There are none. Not one. Not ever. If any t/a system, squiggly line, doji, candle, ichi mocu cloud formation, cup or handle predicted anything there would be dozens or hundreds of empirical studies proving it.
Further....if any such system existed then two things would happen....the "market" would instantly front run the expected rendering it moot and everyone would use it again making it moot.
You can "believe" that your lucky rabbits foot resulted in winning trades but that doesn't make it so. You need empirical evidence not personal beliefs.
There is no viable t/a of any kind whatsoever.