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Chapter 4. The Basics of Technical Analysis

Chapter 4. The Basics of Technical Analysis

What is Technical Analysis? Essentially, it is chart reading. More specifically, it is the science (or art) of recognizing chart patterns and interpreting them to make buying and selling timing decisions and implementing a trading plan. Technical Analysis can help you not only make your decisions but make them more precisely, make them more disciplined, and can help you in managing your money more effectively.

Technical Analysis comes in two forms: Price Patterns and Indicators.



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