📊 Introduction to Technical Analysis
Technical analysis studies price and volume data to forecast potential future moves.
It assumes that:
- Price reflects all available information
- History tends to repeat itself
- Markets move in trends
Tools used:
- Charts (candlesticks, bars, lines)
- Patterns (support/resistance, chart patterns, candlesticks)
- Indicators (moving averages, RSI, MACD, Bollinger Bands)
🧠 Think of technical analysis as “reading the crowd’s behavior” through charts.