When you are ready to start trading forex, you will need to have a clear understanding of how to read charts and use technical analysis. Technical analysis is the study of past price movements in order to predict future price movements.

Charts are an essential tool for technical analysis as they provide a visual representation of price data. There are many different types of charts, but the most common ones used for forex trading are line charts, bar charts, and candlestick charts.

Line charts simply plot the closing price of a currency pair over a period of time. Bar charts plot the opening and closing prices as well as the high and low prices for a currency pair over a period of time.

Candlestick charts are similar to bar charts, but they also include the body of the candlestick, which represents the opening and closing prices to help in day trading with price nature.

Technical analysis is a very important tool for forex traders as it can help you to identify potential entry and exit points for your trades.

It is also important to use other indicators in conjunction with technical analysis, such as fundamental analysis and market sentiment, to get a complete picture of the market.