My 2 cents on TA. 99% of it is useless.
Institutions (big money) don’t trade based on TA. Analysts use TA to create reports to generate liquidity in the market, but that’s another story…
I can save you years of trading stress by suggesting you consider the following: concentrate only on supply and demand (resistance and support).
Mark your charts with major S&R levels and buy and sell at those levels. Consider these levels as purchasing an asset for cheap (support) or expensive (resistance).
Sit on your hands while the price fluctuates between those levels. Attempting to trade all the ‘noise’ is why most day traders fail.
NOTE: Hedging should be considered for advanced risk management.
Christian Harris