Introduction to Technical Analysis

📊 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.

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