How to use technical analysis in trading ?

How to perform technical analysis
Identifying the trend. This is the first step in technical analysis for traders because trading strategies can either follow the trend or go against the trend. ...
Drawing support and resistance levels. ...
Establishing entry and exit points. ...
Position sizing and risk management.


Technical analysis seeks to predict price movements by examining historical data, mainly price and volume. It helps traders and investors navigate the gap between intrinsic value and market price by leveraging techniques like statistical analysis and behavioral economics