Technical analysis
It is the most popular type of analysis used to obtain forecasts in
Trading markets,
The charts are examined in an attempt to find
On price patterns that provide evidence of price movement.
Futuristic,
Technical analysis is mainly based on price data.
Previous.
Several theories fall under the name of technical analysis, such as:
Elliott Wave Theory, Wyckoff Theory, Dow Theory
All previous theories are built upon it.
Among the tools that technical analysts may resort to are:
It is the use of technical indicators as an auxiliary tool in some
Strategies such as moving averages that use
To determine direction,
And oscillators that measure momentum such as the MACD.
By combining different technical analysis tools,
Traders can perform detailed chart analysis.
And ultimately get the best trading opportunities.
Note: Studying all methods of analysis does not mean applying
All these tools on the chart,
After studying them, you will choose which one is suitable and best for you.
You will build your own strategy.
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