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What method is used to evaluate and predict future price movements of financial instruments based on historical data?
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Which type of chart represents each trading period with a single line connecting closing prices?
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What is the purpose of the head and shoulders pattern in technical analysis?
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What type of moving average gives more weight to recent prices?
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What does the Relative Strength Index (RSI) measure?
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What does an overbought condition indicate according to the RSI?
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What is the MACD line based on in Moving Average Convergence Divergence (MACD)?
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What do support and resistance levels help traders identify?
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How can technical analysis contribute to a trader’s toolkit?
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What is essential for mastering technical analysis?