Technical analysis is the study of price charts and patterns to predict future market movements. It involves tools like candlestick patterns, support & resistance levels, trend lines, and indicators such as RSI and moving averages. Traders use platforms like TradingView to analyze charts and make informed buy or sell decisions.
Study Topic
- Candlestick patterns (Doji, Hammer, Engulfing)
- Support & Resistance
- Trend lines & channels
- Indicators:
- Moving Average (MA, EMA)
- RSI (Relative Strength Index)
- MACD
- Chart patterns (Head & Shoulders, Double Top/Bottom)
👉 This is essential if you want to do intraday or swing trading