Why do different chartists sometimes give differing views on the same chart?
Firstly, different tools may give different signals on the same chart. Secondly, the time frames used by the chartists may be different. Thirdly, interpreting the charts can be subjective and depends on the chartist’s personal beliefs. This is also when the experience of the chartist comes into play. As history repeats itself, the chartist who is more experience and has seen more charts tend to be able to interprete more correctly.