Chartbetrachtung
Chartbetrachtung, also known as chart interpretation or chart analysis, refers to the systematic examination of financial charts to understand market behavior and make informed trading decisions. The practice has its roots in technical analysis, which emerged in the early 20th century when traders began to look for patterns and signals in price and volume data. While fundamental analysis focuses on economic fundamentals, chartbetrachtung relies on the premise that historical price movements reflect market psychology and are therefore predictive of future price behavior.
Typical methods of chartbetrachtung include the identification of support and resistance levels, trendlines, chart patterns such
In practice, chartbetrachtung is used by day traders, swing traders, and portfolio managers to time entries