Скачать или смотреть Technical Analysis Deep Dive: Why Price (OHLC Data) is the Most Important Forecasting Tool

Hello and welcome to the remarkable world of technical analysis!
In this comprehensive breakdown, we focus on Technical Analysis, one of the three core approaches used to forecast potential future price action or market behavior. Technical analysis uses past information and charts to identify past and current price action and forecast potential future price action based on historical price behavior.
Technical analysts study several key components of market action, including Price action, Volume action, Open interest action, Sentiment, Market breadth, and Flow of funds.
Crucially, price is the most important factor that technical analysts employ, followed closely by volume. Price itself is comprised of opening, high, low, and closing price, which is normally referred to as OHLC data. Technical analysts believe that all information available in the markets is already reflected in the price on the charts. A basic assumption of this method is that price behavior tends to repeat, making future price forecasting possible.
Technical analysis can be categorized into four distinct branches: Classical, Statistical, Sentiment, and Behavioral analysis. Understanding these methods is essential for anyone looking to predict market movements across various markets and timeframes.