All aspects of technical analysis take place on price charts of assets. However, there are a variety of different chart types out there.
Each individual chart type offers traders and analysts a unique perspective on the underlying price action. Some chart types focus more on trends, while others offer additional information depending on a session’s open, close, high, and low.
Here are the most common chart types, what they are, their pros and cons, and why you may want to utilize one over another.
Disclaimer: The article is provided for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.
