Master the art of chart reading and technical indicators to predict future market movements. This course will equip you with the necessary tools to assess market trends and make data-driven decisions.
Introduction to Technical Analysis
What is Technical Analysis?
Difference Between Fundamental & Technical Analysis
Why Traders Use Technical Analysis?
Key Principles (Price Discounts Everything, Market Trends, History Repeats)
2. Understanding Price Charts
Types of Charts:
Line Chart
Bar Chart
Candlestick Chart
How to Read a Candlestick
Importance of Open, High, Low, and Close (OHLC)
3. Dow Theory & Market Trends
Introduction to Dow Theory
Types of Market Trends:
Uptrend
Downtrend
Sideways Trend
Identifying Trend Reversals
4. Support & Resistance
What is Support & Resistance?
How to Identify Key Levels
Role of Supply & Demand
Psychological Support & Resistance Levels
5. Candlestick Patterns
Single Candlestick Patterns:
Doji
Hammer & Inverted Hammer
Shooting Star & Hanging Man
Double Candlestick Patterns:
Bullish & Bearish Engulfing
Tweezer Tops & Bottoms
Triple Candlestick Patterns:
Morning Star & Evening Star
Three White Soldiers & Three Black Crows
6. Chart Patterns & Price Action
Continuation Patterns:
Flags & Pennants
Triangles (Ascending, Descending, Symmetrical)
Reversal Patterns:
Head & Shoulders & Inverted Head & Shoulders
Double Top & Double Bottom
Cup & Handle
7. Trend Indicators
Moving Averages (SMA, EMA)
MACD (Moving Average Convergence Divergence)
ADX (Average Directional Index)
8. Momentum Indicators
Relative Strength Index (RSI)
Stochastic Oscillator
9. Volume Analysis
Importance of Volume in Trading
On-Balance Volume (OBV)
Volume Weighted Average Price (VWAP)
10. Fibonacci & Harmonic Patterns
Introduction to Fibonacci Retracement & Extensions
