Intro to Technical Analysis

Emerging markets are countries with high GDP, that is, growth domestic product for an individual in a specific country, and developed markets are markets with low GDP, — high growth domestic product for an individual in a particular country:

[…] discovered the Wave Principle — a connection between market movements, patterns, and psychology:

Technical analysis is based on a very simple idea […] introduced to the financial market:

Technical analysis idea said that by analysing the past and looking at the current status and current market condition, you could make an assessment with high probability:

Technical analysis reads that if we saw something very similar to what happened years or several months ago, depending on the chart, then obviously, it is hard for us to make some assessment regarding the future reaction of trades:

[…] wrote a book about the connection between interest rates and how money works in the market:

Technical analysis is studying and researching the market’s behaviour, or more precisely, the behaviour of players in the market, mainly using graphical formations for us to predict future price movement:

We can divide the technical analysis into two major subjects: graphical analysis, when a trader uses the price movement to find the behaviour patterns of a specific asset, and price analysis when we use instruments and statistical software to assess the level of buying or selling cycle of a specific asset:

Understanding the graphical formation will allow us to:

Indicators are: