How can technical analysis confirm an uptrend or downtrend in markets?

Technical analysis helps us see if a market is going up or down by looking at its past movements, like watching a roller coaster to know if it’s heading high or low.

Imagine you’re on a bike ride, and you look back at the path you've taken. If the road has been going uphill most of the time, it's a good sign that you're still in an uptrend, like riding toward the top of a hill. But if the road keeps going downhill, it might mean we’re in a downtrend, like rolling down a big slope.

Think of a bouncing ball. If it bounces higher each time, that's an uptrend, like when you jump and keep getting higher. But if it bounces lower every time, that’s a downtrend, like when your energy runs out and you can’t jump as high anymore.

Technical analysts use special tools, like charts, to track how prices have moved over time. These charts act like a map of the roller coaster, showing us where we've been and helping us guess where we might be going next.