Dear friends, technical analysis can really help us to measure the forex market in a simple way. There are three principles to learn when it comes to technical analysis:
Price action
Price history
The trend
Prices do not move at random; rather, their movements and speeds are influenced by supply and demand. For example, if the demand for gold increases, the price will undoubtedly rise. In terms of trends, you can observe and use tools to determine whether the market is moving up, down, or horizontally. In terms of history, the chart will always repeat itself in the same patterns.