“All price movements in the past will continue to repeat in the future.” This is the most classic saying of Charles Dow – father of technical analysis. And because of that, technical indicators were born serving the analysis and prediction of prices based on the past.
This is an indispensable part of traders. This is the essence of Technical Analysis. It serves as the Lodestar for you to build effective trading strategies.
How To Trade Blog will list a lot of important indicators used in price analysis. Some of the special ones that you must grasp and understand them well:
It is completely possible to build strategies with the combination of many indicators together. Or use them with a few reliable candlestick patterns.