What is technical analysis?

Technical analysis utilizes the information captured by the price to interpret what the market is saying with the purpose of forming a view of the future. Most technicians agree that prices trend. Yet, most technicians also acknowledge that there are times when prices don't trend.

Why do traders use technical analysis tools?

The technical analysis seeks to predict price movements by examining historical data, mainly price and volume. It helps traders and investors navigate the gap between intrinsic value and market price by leveraging techniques like statistical analysis and behavioural economics. Do Traders Benefit from Technical Analysis Tools?

What are the best technical analysis tools?

When it comes to technical analysis tools, there is no shortage of options available. From stock charts analysis platforms like TradingView and StockCharts to specialized crypto and Forex market analysis tools, such as Coinigy and MetaTrader 4, traders can access a wide range of powerful resources.