📊 What is technical analysis?

Technical analysis is a way of studying how prices move in the market by observing past data, such as price and transaction volume. The idea is that by understanding how the market behaved before, we can try to predict how it will move in the future.

Technical analysts use charts and special tools to identify patterns and trends. This way, they can make decisions about when to buy or sell, based on what those data show.

In the image, a candlestick chart is shown, a tool commonly used in technical analysis. Each candle represents the price movement over a specific period, showing the opening, closing, high, and low prices. These patterns help analysts identify trends and potential reversal points in the market.​

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