Definition of Technical Analysis:
Technical analysis is a trading discipline employed to evaluate investments and identify trading opportunities in price trends and patterns seen on charts. Technical analysts believe past trading activity and price changes of security can be valuable indicators of the security's future price movements.
Support and Resistance:
If you understand the support and resistance, you will understand how the Forex market works. This method will help you open the trade at the right time and get you out of the trade at the right time. Different levels of support and resistance can be found. Once the market support level breaks, the price will generally decrease further and the next resistance level will then act as support. Once the market resistance level breaks, the price usually increases and the next support level then acts as a resistance. Therefore, the support should be sealed when braking and the resistance should be sealed when braking.
See the picture above. Here is a zigzag pattern. Suppose the market is on the uptrend. Resistance is the price that starts to decline again after the market has increased.
That is, the highest point is the resistance level after rising. Again the minimum goes down, the point is the support level. The same is true if the market is in a downtrend.
Determination of Support and Resistance:
One thing to keep in mind is that support and resistance are never a fixed number.
This is a type of level or area. Many times the chart looks like the market has broken support or resistance but after a while, it is understood that the market does not really support or resistance break, the market has only done the test. Here’s how these market tests can be displayed on the Candlestick chart:

Look at the chart. It appears that the market has broken the support level 2 times. But the market has risen again, meaning that the support level has not really broken. The market has only tested.
So how do you know if the support and resistance levels really break?
There is no right answer to this question. However, some say that if the price is close to the previous level, then it can be understood that support and resistance breaks. But that is not always the case.
But the support didn’t actually break. It is still unchanged and much stronger. Now if you close your trade and sell the cell trade, you would probably be losers. If you practice regularly, you can easily determine support and resistance.
Trendline
One of the most popular and popular tools in Technical analysis is the Trend Line. The trend line is easily understood. If the trend line is correctly drawn, it gives better results than any other method. But most traders do not draw the trend line properly and forcing the trend line is not effective.
To draw a trend line, one has to draw a line from the Meta Trader’s Tools with the Trend Line tool. Low points have to be connected through a trend line and high points have to be connected through a trend line. If a candle crosses the trend line and goes up or down, then the trend line breaks.