Really a technical analysis actually studies investor behavior, the last herding behavior. The advantage of this method is to find out when investors react to the market. Technical Analysis, Chart, or Chartis highlights configurations that provide important signals about investor psychology. and Technical analysis is a must to trade on the forex market. It should be noted and important to take good techniques that are always supportive for traders. If you can choose a good one it will be very helpful for you and for your trading life, I think. So technical analysis is very important for traders.