What is Technical Analysis?
Anya Mei
16 Nov 2022
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Technical analysis is a way to understand the market using historical price movements. Traders can sometimes use indicators to get better analysis results.
Technical analysis is a method of analyzing markets using the movement of the past to predict the next direction of the price. It identifies trading opportunities in price trends and patterns seen on charts. Technical analysts believe that history always repeats itself, so they tend to use certain patterns and formations that have happened in the past to forecast the next movement. Indicators can also be applied to help visualize the analysis on the chart.