![]() ![]() There are primary or main trends that last from several months to more than a year. Price movement is not chaotic it moves in trends. According to this idea, the price of an asset already incorporates all information about this asset, including market sentiment and traders expectations.Ģ. This theory consists of six fundamental ideas.ġ. Technical analysis is based on the Dow Theory, named after its originator Charles Dow. Instead, it relies on the history of the assets price movements. Unlike fundamental analysis, technical analysis does not try to determine an assets true price. Technical analysis is a method to determine how and when to trade an asset and to predict its possible price movements through the study of past market data.
0 Comments
Leave a Reply. |