Beginner · 45 min · 7 chapters

    Technical Analysis Fundamentals

    Read candles, draw support and resistance, recognise trends and patterns, and use volume to judge conviction.

    You will be able to

    Read what a single candle says about buyers and sellers

    Mark support and resistance that is worth respecting

    Tell a trend from a range

    Use volume to judge whether a move has participation

    Chapter 1 of 7: Why charts are worth reading
    1. 1Why charts are worth reading
    2. 2Candlestick anatomy
    3. 3Support and resistance
    4. 4Trends and trend lines
    5. 5Chart patterns worth knowing
    6. 6Volume and participation
    7. 7Putting a chart together

    Chapter 1 of 7

    Why charts are worth reading

    A chart is a record of decisions. Reading it well means reading those decisions, not hunting for magic shapes.

    Technical analysis rests on three working assumptions:

  1. Price reflects what the market knows. News and opinion show up as buying and selling.

  2. Price tends to move in trends. Once a move starts, it more often continues than reverses immediately.

  3. Behaviour repeats. People react to similar situations in similar ways, which is why levels and patterns show up again and again.

    4. None of these are laws. They are tendencies. Technical analysis does not tell you what will happen. It helps you decide where your idea is right, where it is wrong, and how much you are willing to pay to find out.

    What you will build in this course

  4. A habit of reading candles for who is in control

  5. A small set of levels you trust

  6. A simple way to label the current market as trending or ranging

  7. A check on volume before acting

    8. Keep it simple

    A clean chart with a few well chosen levels beats a screen full of lines you cannot interpret quickly.

    Key takeaways

    • Charts show decisions, not predictions
    • Trends and repeated behaviour are tendencies, not guarantees
    • The goal is to define where you are right and where you are wrong

    Educational content only, not financial advice. Trading involves risk and you can lose money. Indicators describe market conditions, they do not predict outcomes.