Technical analysis evaluates and predicts asset price movements using historical data, volume, and indicators.

• Key Concepts:

  • Price and volume data

  • Chart types (line, bar, candlestick)

  • Support and resistance levels

  • Trendlines and patterns (continuation, consolidation, reversal)

• Tools: Moving averages, RSI, MACD, Bollinger Bands, Fibonacci retracement.

• Strategies: Dow Theory, Elliott Wave Theory, SMC Trading Strategy.

• Benefits: Assists in timing trades, setting stop-loss/take-profit levels, applicable across various markets (Forex, stocks, cryptocurrencies, commodities).