Technical Indicators:
Technical indicators are mathematical calculations based on price and volume data. They provide additional insights into market trends, momentum, and potential reversals. Popular technical indicators include moving averages, oscillators (such as the Relative Strength Index – RSI and Stochastic Oscillator), and Bollinger Bands. Traders use these indicators to generate trading signals and confirm their analysis.

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.