Price Charts:
Price charts are the foundation of technical analysis. Traders use different types of charts, such as line charts, bar charts, and candlestick charts, to visualize price movements over specific timeframes. Price charts provide information on the open, high, low, and close prices, allowing traders to identify patterns and trends.

Understanding Technical Analysis:
Technical analysis is a trading methodology that involves studying price charts, patterns, and indicators to identify trends, patterns, and potential trade setups. Traders who use technical analysis believe that historical price data can provide valuable insights into future price movements. Technical analysis is based on the principles of supply and demand and the notion that market participants’ behavior is reflected in price patterns.