Technical analysis uses past price and volume data. It includes charts, patterns, and indicators. Traders use this to identify trends, entry points, and exit points.
Common tools include:
Candlestick charts
Moving averages
Relative Strength Index (RSI)
MACD
Technical analysis does not focus on company performance or news. It relies on market data. It can apply to stocks, forex, crypto, and commodities.
For more structured learning, check out the technical analysis course in the Apex eBooks store.