Don't Complicate Yourself For Technical Analysis

Technical analysis is an analysis that is usually used by traders to help buy and sell decisions in trading stocks, forex, gold, or commodities. Technical analysis is an approach to price analysis that studies market activity using historical price data, including price charts, that have occurred in the past, to predict and anticipate future price movements.

In this case, of course, technical analysis must have data and price charts. Historical data used in technical analysis includes information on opening, closing, high, low, and trading volumes.

In technical analysis, there are many known indicators that function to tell when it is time to trade. The data is processed into various indicators, and presented in graphs along with price movement data.

Technical analysis has 3 main principles. This principle when understood and mastered, can be applied in various trading instruments. Be it stocks, forex, futures, commodities, or options, if you want to trade in a short period of time, always use technical analysis as a trading guide. This is the technical analysis that traders should know:

Lever SNR

Support and resistance become the upper and lower limits of market movement. So if you are already in these areas, you need to be careful because there is potential for the market to return. However, if you don't have transactions yet, being in these areas will be a big opportunity.


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