Technical Analysis
Learn to read charts – candlesticks, patterns, trends, support and resistance, volume, moving averages, RSI, MACD, Fibonacci, Dow Theory and a complete checklist.
What is technical analysis?
What chart reading can and cannot do, its three core ideas, and how it differs from fundamental analysis.
Chart types – line, bar and candlestick
The same prices drawn three ways, what OHLC means, and why most traders use candlesticks.
Reading a single candle
Body, wicks and colour – and what each one tells you about the fight between buyers and sellers. Build your own candle.
Timeframes – zooming in and out
The same stock can look bullish on one timeframe and bearish on another. How to pick your timeframe and use a higher one for direction.
Single-candle patterns
Marubozu, doji, hammer, hanging man, shooting star and inverted hammer – what they mean and when they matter.
Multi-candle patterns
Engulfing, harami (inside bar), piercing, dark cloud cover, morning star and evening star – two- and three-candle stories.
Trends – up, down and sideways
How to identify a trend using highs and lows, draw trendlines, and why trading with the trend is easier. Play the trend game.
Support and resistance
Why prices turn at certain levels again and again, how to draw these levels, and the idea of role reversal. Find levels on real-looking charts.
Breakouts, fake breakouts and retests
When price escapes a level, how to tell real moves from traps, and why the retest is often a safer entry.
Volume – the crowd behind the move
What volume measures, how to read volume with price, and the four price–volume combinations every trader should know.
Moving averages
SMA and EMA explained simply, using averages to see trend, dynamic support, and golden and death crosses.
RSI and momentum
What momentum means, how RSI works, overbought and oversold, divergence – and the mistake most beginners make with RSI.
MACD and Bollinger Bands
Two popular indicators explained without maths fear – MACD for momentum and trend, Bollinger Bands for volatility and squeezes.
Fibonacci retracements
Where pullbacks tend to pause – 38.2%, 50% and 61.8% – how to draw them, and how to use them honestly.
Dow Theory – the grandfather of technical analysis
Charles Dow’s six ideas from over 100 years ago that still explain how markets move – trends, phases and confirmation.
Chart patterns – double tops, head and shoulders, triangles and flags
The classic shapes that crowds draw on charts, what they mean, and how to measure a target.
Putting it together – your trading checklist and risk plan
A step-by-step checklist that combines everything in this module, plus position sizing so one trade never hurts you badly.