Technical analysis is the study of price action, chart patterns, and indicators to identify potential trade setups. Unlike fundamental analysis (which studies a company's financials), technical analysis focuses on what the market is doing right now — through candlesticks, support and resistance, trend lines, volume, and momentum indicators like RSI and MACD.
Core concepts
Price action — how price moves over time, visualized through candlestick charts.
Support & resistance — price levels where buying or selling pressure tends to emerge.
Trend — the prevailing direction of price (uptrend, downtrend, or range).
Indicators — math-based signals derived from price and volume (RSI, MACD, moving averages, Bollinger Bands).
Risk management — position sizing, stop losses, and risk-reward ratios that protect capital.