Charts analysis

Chart analysis involves examining graphical representations of data, such as stock prices or economic indicators, to identify patterns, trends, and potential future movements. It helps investors and analysts understand market behavior by studying patterns like support and resistance levels, trend lines, and recurring formations. By interpreting these visual cues, they can make more informed decisions about buying or selling assets. Essentially, chart analysis provides a visual language that summarizes complex data, making it easier to spot signals indicating where the market might be headed based on historical price action.