📉 What is technical analysis? 🔍📊

Technical analysis is a tool used by traders to read past price movements 📈 through charts 🖼️, with the aim of predicting the upcoming market direction 🔮. It relies on tools such as support 📏 and resistance 🚧 lines, and indicators like RSI 📊 and MACD📉.

Candlestick patterns 🕯️ show market sentiments, for example, the "hammer candle 🔨" may indicate a reversal in trend.

Technical analysis does not rely on news 📰, but only on price and time 🕒💵. Therefore, it is important for anyone looking to make smart trading decisions 💼.

Start by learning the basics and practice continuously 🎯📚.