I think we have a difference in our definitons, I would call triangles and flags, penants etc price action not technical analysis.

To me, technical analysis is using indicators based on historical data to predict the future. Price action is about the 'structures' in the market, with the underlying psychology that makes them happen.

Most people forget that indicators are lagging. So when people say 'the price is going to bounce off this moving average' they don't understand that price has already moved, it doesn't care what the moving average is.

It's just unfortunate that price action gets lumbered in with technical analysis, as opposed to fundamental analysis. There should be three fields, not just two.

I think we agree, just use different terms to describe the same thing :-) lol