The problem is not TA.
The problem is bullshit TA. Drawing lines as you Will on a graph doesnt make It technical analysis.

TA is nothing more than a statistic treatement of past price data. If uses bullshit data, the result Will be bullshit.

Here, check this post where i explain one technique.

Its Basic, have flaws, but work If the price is moving on a Trend.

Also, TA doenst move prices. Volume of transactions move prices. The indicators give probabilities of Future movements based on historical data.

Btw, Quantum events? Never heard of a bigger bullshit.