Technical Analysis -

A single candle provides four data points: Open, High, Low, and Close (OHLC). But traders look for specific formations to predict reversals:

: Markets are not purely random; they move in identifiable upward, downward, or sideways directions. History Repeats Itself

Before diving into candlesticks and indicators, you must understand the three core assumptions that make TA work: Technical Analysis

: All known information, fundamental and otherwise, is already baked into the current market price. Price Moves in Trends

In the fast-paced world of financial trading, two primary schools of thought dominate the conversation: Fundamental Analysis and Technical Analysis. While fundamental analysts pore over balance sheets, interest rates, and economic indicators to determine the intrinsic value of an asset, technical analysts take a radically different approach. They believe that A single candle provides four data points: Open,

Traditional trendlines are static and often fail during periods of high volatility or exponential growth. An or channel uses statistical analysis—specifically logarithmic regression and Pearson correlation coefficients —to automatically identify the most reliable trend across different timeframes. Why this feature is interesting:

Before drawing a single trendline, every technician must internalize the three laws upon which the entire discipline rests. These were formalized by Charles Dow in the late 1800s and remain unshakable today. Price Moves in Trends In the fast-paced world

To begin analyzing, you need raw data. Here is the standard toolkit every technician uses.

Because market participants often react similarly to certain stimuli over time, price patterns frequently repeat, allowing analysts to forecast future movements based on historical data. The Evolution of Technical Analysis Fundamental vs. Technical Analysis: What's the Difference?

Enter Based on the golden ratio, traders draw from a swing low to a swing high. The key levels (23.6%, 38.2%, 61.8%, and 78.6%) often act as natural support or resistance during a pullback.