#TradingAnalysis101

Technical analysis for trading studies the price of an asset such as a forex pair using historical price charts and market statistics. It is rooted in the notion that if you can identify previous market patterns, you can form a fairly accurate prediction of future price action. One way of looking at technical analysis is to see it as the study of change in supply and demand as reflected in the market price movements of an asset or security.

Technical analysis can be used on any security you are looking at, including forex and cryptocurrencies, i.e, forex technical analysis or crypto technical analysis etc.