Define Technical Analysis
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Technical analysis is a method of analyzing financial markets and assets by studying historical price charts and using various technical indicators and patterns to forecast future price movements. It is a widely used approach by traders and investors, particularly in markets like stocks, commodities, and currencies
Unlike fundamental analysis, which focuses on economic factors and external events, technical analysis relies on the premise that historical price patterns and trends can provide insights into future market behavior.
Technical analysis is a trading discipline employed to evaluate investments and identify trading opportunities in price trends and patterns seen on charts.
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