Greetings my friend, you have written well on the topic under review. Trading as you have clearly explain has to do with buying and selling of financial asset with the sole purpose of making a profit. Technical analysis is indeed one major ways which every good trader uses to determine or predict the next move of the market. To do this properly, the pattern are often studied by those concern. The 3 concepts you wish every trader should always take into consideration is SL/TP order, diversification of asset and positioning sizing. Indeed, any trader who takes this things into considerations will minimize their losses and maximize their profits. I wish you success in this contest my friend.