#CongressTradingBan Technical Analysis in Trading

Technical analysis is a popular method used by traders to predict future price movements based on historical market data. It involves studying charts, patterns, and indicators like Moving Averages, RSI, MACD, and Bollinger Bands. Traders believe that price reflects all available information, and by analyzing past price behavior, they can make informed decisions. Technical analysis helps identify trends, entry and exit points, and potential reversals. It is widely used in crypto, forex, and stock markets. Unlike fundamental analysis, it focuses purely on price action. Mastering technical analysis can give traders an edge and improve the accuracy of their trades.