Technical analysis is a method of evaluating securities by analyzing statistical trends and market activity such as price movements, trading volume, and other technical indicators. The primary objective of technical analysis is to identify patterns and trends that can be used to forecast future price movements.Technical analysts believe that market trends, whether upward or downward, can be identified and analyzed using charts and other tools to understand market behavior. They look for patterns and trends, such as head and shoulders, double tops or bottoms, and other chart patterns that can help predict the direction of the market. A lot of these patterns such as head and shoulders, double tops or bottoms are considered RETAIL PATTERNS and the market movers like to manipulate when these patterns are happening. Overall, technical analysis is an approach to analyzing financial markets that focuses on the statistical patterns and trends that emerge from market data, with the goal of identifying opportunities to profit from changes in market behavior.