Technical Analysis: Introduction

Expert opinion: Technical analysis ignores events happening in the world and only pays attention to the price chart. This is because everything that is happening is factored into the movement of prices in one way or another.

Expert opinion. Using technical analysis, you can determine the following parameters for a trade:
- direction
- opening moment and price
- profit-setting price
- loss-setting price

Expert opinion: When applying this or that method of technical analysis, always ask yourself one thing: how and why does this method work? Then you'll make decisions on the financial market with confidence rather than just blindly following what you read in a book or online.