Technical analysis starts with the price chart and is inextricably linked with it. In other words, this is a system of graphical and mathematical methods for studying the dynamics of markets in order to predict the further movement of the market.
Modern technical analysis tools are based on experience and knowledge accumulated over generations of traders.
For ease of application of technical analysis, the trading period from the beginning of trading on Monday to their end on Friday is divided into equal intervals, called time frames. Due to them, it is possible to analyze the most significant parameters. These parameters include the price at the time of the opening / closing of the period, price minimum / maximum, volumes.