The importance of some Technical Indicators in technical analysis.

Technical analysis uses various technical indicators to help an investor get their timing right. Indicator-based analysis is used by many traders to help them make decisions on what trades to take and where to enter and exit them.
Technical indicators serve three broad functions: to alert, to confirm and to predict.
A moving average (MA) is a widely used indicator in technical analysis that helps smooth out price action by filtering out the “noise” from random short-term price fluctuations
The Relative Strength Index is a technical momentum indicator. It measures the speed and magnitude of an asset’s recent price changes.
The Fibonacci sequence of numbers is as follows: 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, etc. Each term in this sequence is simply the sum of the two preceding terms, and the sequence continues infinitely.
In order to find Fibonacci retracement levels, you have to find the recent significant Swing Highs and Swings Lows.
The idea to go short (or sell) on a retracement at a Fibonacci resistance level when the market is trending down.
The idea is to go long (or buy) on a retracement at a Fibonacci support level when the market is trending up.