Is it possible that an edge/pattern that has worked since the beginning of time?

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Lots of truth there,AJ20
; not really a prediction, because bear markets downtrend ,2.And we had more bank panics + bank failures before FED + FDIC........................................................................It's a bull market you know-Old Turkey Quote

 

Selling religion has been a very lucrative trade since the beginning of time.

 

Yes. Support and resistance has always worked because its based on the current psychology of the traders collectively. In effect automatically adjusting to changing market conditions. That being said nothing works 100 percent of the time. Nothing can account for surprise variables like a world leader giving an unscheduled speech or making a comment that moves the markets.