Fundamental Analysis vs. Technical Analysis: Which is Better?

[Sr.Necro369]

We will explore the differences between fundamental analysis (evaluation of economic factors and news) and technical analysis (use of charts and patterns). Which one best suits your style?

 

[lyanhanh]

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[Fin_Trader]

For successful trading, it is better to use both types of analysis. After all, fundamental data directly influences the formation of trends and long-term price movements, and through technical analysis we can find more accurate and reasonable entries into the market and set the correct stop losses and take profits.