He explains the "body language" of the market, including reversal patterns (indicating a trend change) and continuation patterns (suggesting a temporary pause in a trend).
John J. Murphy ’s is widely regarded as the "bible" of technical analysis, providing a comprehensive foundation for understanding market behavior through price charts and indicators. First published in 1999 as an expanded update to his earlier work, this 500-plus page guide covers everything from classical chart patterns to modern computerized tools across various timeframes and asset classes. Core Philosophy of John Murphy’s Technical Analysis He explains the "body language" of the market,
All known information—economic, political, or psychological—is already reflected in the market price. He explains the "body language" of the market,