Webb1. Identifying the trend. This is the first step in technical analysis for traders because trading strategies can either follow the trend or go against the trend. However, for each … Webb23 mars 2024 · Technical analysts (aka “technicians”) believe that prices behave in consistent patterns that can help anticipate future price movements. Technicians try to identify market trends and areas of support (lots of buying interest) and resistance (lots of selling interest). A common criticism of technical analysis is that it’s backward-looking.
What Is Technical Analysis? Britannica Money
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5 Do’s And Don’ts Of Technical Analysis - Forbes
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