📘 What Is Technical Analysis? (Charts, Patterns & Indicators)
Stock Literacy • Chart Reading • Trading Strategy
Technical analysis studies price charts to predict future movements based on past patterns 📊🔍. Many traders rely heavily on technical analysis to time entries and exits.
Key Components 🧩
- Trend lines & channels
- Support & resistance zones
- Candlestick patterns 🕯️
- Indicators like RSI, MACD, MA
Why Traders Use It 🎯
- Helps time the market
- Identifies momentum shifts
- Spot breakouts & reversals
Technical analysis isn’t magic — it improves probabilities, not guarantees. Combining it with discipline makes it powerful 💪.
Educational only — not financial advice.
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