Technical analysis is a crucial area of study for any equity trader looking to gain valuable insights into market movements and make informed investment decisions. While professionals utilise many complex quantitative models and techniques, this article will provide an overview of some of the most commonly used and straightforward technical analysis tools that new and experienced traders can use to supplement their fundamental analysis.
By learning to identify critical trends and patterns using moving averages, support and resistance levels, and momentum indicators, readers can better evaluate the strengths and weaknesses of potential stock investments based on charts. A research approach that combines technical and fundamental analysis helps traders spot opportunities and avoid pitfalls. You can read more about this topic at Saxo broker Dubai.
Candlestick charts
Candlestick charts, one of the most popular and widely used tools in technical analysis, are an excellent way to visualise market movements over … Read the rest