Technical analysis is a basic or fundamental strategy for traders to assess the market trends, patterns, and high trading opportunities in accordance with the historical data.

It seems like you're saying that understanding technical analysis is really important for traders. It helps them look at how the market has behaved before, so they can guess what might happen next and find good chances to trade.

Support and resistance are key concepts in technical analysis. Support and resistance are of Great importance because these are the base rules.

You've made it clear that support and resistance are super important in trading. They're like the main rules that traders follow to know when to buy or sell stuff.

Pivot points are widely used in technical analysis as important factors in determining support and resistance around which price movements are expected to pivot.

You mean pivot points are like important markers for traders. They help them figure out where prices might change direction, which is really useful for making smart trading decisions.

Good luck