Introduction to Technical Analysis
Technical analysis is a trading discipline employed to evaluate investments and identify trading opportunities by analyzing statistical trends gathered from trading activity, such as price movement and volume.
Key Concepts
- Price action and chart patterns
- Support and resistance levels
- Trend analysis and momentum indicators
- Volume analysis
Advanced Techniques
For 2024, we're seeing increased importance of algorithmic pattern recognition and AI-assisted technical analysis that can process vast amounts of market data in real-time.
