Technical Analysis
Learn how to analyze price charts and use indicators to make informed trading decisions.
Why Learn Technical Analysis?
Technical analysis is a trading discipline employed to evaluate investments and identify trading opportunities by analyzing statistical trends gathered from trading activity, such as price movement and volume. Unlike fundamental analysis, which attempts to evaluate a security's value based on business results such as sales and earnings, technical analysis focuses on the study of price and volume.
In this section, you'll learn about:
- Reading and interpreting different types of charts
- Identifying trends and patterns in price movements
- Using technical indicators to confirm trends and generate trading signals
- Combining multiple analysis techniques for more robust trading strategies
Key Areas of Technical Analysis
Learn how to interpret different types of charts and identify key patterns.
Explore Chart ReadingLearn the fundamentals of drawing and using trend lines in technical analysis.
Explore Trend Line BasicsMaster complex trend line analysis and advanced trading strategies.
Explore Advanced TechniquesDiscover how to use various indicators to confirm trends and generate trading signals.
Learn About IndicatorsGetting Started with Technical Analysis
To begin your journey into technical analysis, we recommend following these steps:
- Familiarize yourself with different chart types (candlestick, line, bar)
- Learn to identify basic chart patterns (trends, support, resistance)
- Understand the concept of timeframes in technical analysis
- Explore common technical indicators (moving averages, RSI, MACD)
- Practice combining chart reading with indicator analysis
Ready to Dive Deeper?
Start by learning how to read and interpret different types of charts, then move on to exploring technical indicators.