I do not agree.
When a trader has no experience and no knowledge of chart patterns or support and resistance - you are completely right. I would say that this trader should not attempt any trading at all.
However, as you gain knowledge and experience, you will find out that chart patterns give you early signals or reversal, and in many cases you will be able to pin point the exact reversal points for price. Identifying bottoms and tops is possible, it just needs experience.
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