I think picking very precise numbers is nonsense. There's a million (at least) technical analysts out there who think they have it worked out.. Drawing different patterns on graphs etc. all just guessing imo. general trend indicators I can agree with mean something.. A rough guide: but that's about it.
from what I've read re people who claim to be professional traders is they ate happy to have a slightly better than 50% strike rate..so they don't claim to have the secret formula worked out that is correct a hi % of time.
trading platforms make money when people trade. That's why they have heaps of articles commenting on trading and videos to help people learn how to draw patterns on charts ..to get people to trade more often so the platform makes more money.
