Define Analysis?
A detailed examination of anything complex in order to understand its nature or to determine its essential features.
What is technical analysis?
Technical analysis is a means of examining and predicting price movements in the financial markets, by using historical price charts and market statistics. It is based on the idea that if a trader can identify previous market patterns, they can form a fairly accurate prediction of future price trajectories.
Why is Technical Analysis Important?
Technical analysis offers an objective and rule-based approach to investing in assets. This means you can follow a tried-and-tested checklist to manage your risks before hitting the buy button. Plus, it provides a bunch of statistical parameters for evaluation, not just profit and loss.
Technical analysis is a trading discipline employed to evaluate investments and identify trading opportunities that means that by learning technical analysis of the financial markets you could estimate future prices of an asset and make sure you will be profitable & make money!
With this app you will easily learn technical analysis and much more heavily guarded secrets of expert stock traders that means that you could make lots of money with this knowledge!
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It is one of the two major schools of market analysis, the other being fundamental analysis. Whereas fundamental analysis focuses on an asset’s ‘true value’, with the meaning of external factors and intrinsic value both considered, technical analysis is based purely on the price charts of an asset. It is solely the identification of patterns on a chart that is used to predict future movements.
Examples of technical analysis tools:
Technical analysts have a wide range of tools that they can use to find trends and patterns on charts. These include moving averages, support and resistance levels, Bollinger bands, and more. All of the tools have the same purpose: to make understanding chart movements and identifying trends easier for technical traders.
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This version of Learn Technical Analysis Android App comes with one universal variant which will work on all the Android devices.
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