Lesson 1: Introduction to Technical Analysis

Lesson Overview
Technical analysis is the study of historical price data to forecast future market movements. It is widely used by traders across all financial markets.

What Is Technical Analysis
Technical analysis assumes that price reflects all available information and that market movements tend to follow patterns over time.

Why Traders Use Technical Analysis
To identify trends
To find potential entry and exit points
To measure market momentum

Technical Analysis vs Fundamental Analysis
Technical analysis focuses on price and charts, while fundamental analysis evaluates economic and financial data.

Key Takeaway
Technical analysis helps traders understand market behavior rather than predict exact outcomes.