🔜 Technical Analysis(TA) Introduction..

hi every one all friends i hope you will learn this post thank you 🔜 Technical Analysis(TA) Introduction..
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⭕️Technical analysis (TA) is a Methodology for forecasting future price movements by studying past market data for price and volume, and seeking patterns within that data.
⭕️A technical Analyst will look for continuing patterns, or trends, which indicate the general direction of price movement. They will also look for repeating patterns, which are used to gauge whether a trend is likely to continue or reverse, and to indicate the point at which a reversal may take place. In addition to visually recognizable patterns, various mathematical models are used to indicate trend reversals or confirm continuing trends. These mathematical ‘indicators’ are often visually represented on charts using an ‘Overlay’. Indicators can be used to select entry points for longer term positions determined via fundamental analysis, or for day trading strategies such as swing trading.
⭕️Many of these visual and Mathematical patterns, which tend to repeat over and over again in various different financial markets, have been identified over the course of centuries. Analysts will seek to identify these patterns forming within current market data in order to find indicators for forecasting, and multiple indicators will usually be combined together to provide buy or sell signals of varying strengths.
♦️A typical chart has been embedded at the top of this page which includes Three.. common indicators –
🔘Bollinger bands
🔘Moving average lines
🔘RSI
And one more interesting and unusual indicator: the phases of the moon. You can modify the chart to look for other indicators by clicking the button which looks like a bar chart with a zig-zag arrow above it.
🔘Good Luck👍👍 all brothers