Trading
Technical Analysis graphically portrays the psychology of the overall group of people called the market. A chart is just a picture of fear and greed. Those people are unaware that the price points of a stock or the overall market stop and start at resistance, support, moving averages, etc. Consequently the price movement also occassionally creates chart patterns that not only are recognizable but portend future movement.
A particular methodology recognizes chart patterns that occur repeatedly with an 82% chance of repeating the patterns. It does not matter if you are looking at a 5-minute chart, a daily chart; or a weekly chart, fear and greed are emotions that do not change.