Hello everyone, today I'll quickly introduce you to technical analysis, a method used to forecast price directions in financial markets by examining past market data, primarily price and volume.Technical analysis is built on three key principles. First, 'Market action discounts everything'—this means that all known information is already reflected in prices, which are considered an unbiased reflection of all known facts. Second, 'Prices move in trends'—prices are believed to follow trends, be they short, medium, or long-term. And third, 'History repeats itself'—market participant behavior tends to be consistent over time, which can be observed as patterns on price charts.We employ several tools in technical analysis. Charts are fundamental; whether they are line charts, bar charts, or candlestick charts, each provides unique insights into market sentiment. We also use technical indicators like moving averages, Relative Strength Index (RSI), and MACD to help identify and confirm trends, providing signals for trading opportunities.In essence, technical analysis allows traders to make educated guesses about future price movements, not through simple predictions, but by statistically analyzing patterns and using them to manage risks more effectively.