Technical Analysis: The art of predicting price movements on the currency market, through the study and analysis of charts, signals and the market sentiment.
The idea behind technical analysis is that by analyzing the historical movements in prices can determine the current trends and possible future price movements themselves.
A fundamental principle of holding technical analysis is the idea that in the pattern of prices is possible to identify a number of sequences (patterns) that are repeated in history.
It 'important to note that technical analysis is not a science, but it is indeed very subjective and tends to be particularly suitable for the market Forex that being active H 24, provides a continuous stream of data that can be used for the statistical interpretation .
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