#TradingAnalysis101

Technical Analysis (TA)

This method uses price charts, indicators, and patterns to predict future price movements. Some key tools include:

Candlestick Patterns – Doji, Hammer, Engulfing, etc.

Indicators – RSI (Relative Strength Index), MACD (Moving Average Convergence Divergence), Bollinger Bands, etc.

Support & Resistance – Identifying key price levels where the price tends to reverse.

Trend Lines & Moving Averages – 50-day and 200-day moving averages are common for identifying trends.