Technical indicators are readymade analysis available for the trader. There are many indicators available in a charting platform. Moving averages and Relative strength index(RSI) are the most significant indicators used around the world by traders. Moving average smooths out price based on closing numbers. Price above the moving average translates into bullish trend whereas price below the moving average translates into bearish trend. RSI is a non trending indicator which helps to find levels for executing long or short positions. Fibonacci sequence is related to the golden ratio. Fibonacci retracement helps a trader to find support and resistance zones.
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