It would not be an exaggeration to say that technical analysis is the most popular analytical method in the financial market. Many new Forex traders follow strategies based on the results of this analysis. However, not everyone truly understands what technical analysis is, what it’s based on, or why this trading strategy is sometimes successful and sometimes not. You will learn about the different types of technical expertise, advantages, and disadvantages while reading this article. It will also help you decide whether or not you are going to use this method in your trading strategy, and if so – how to use it correctly.