Technical analysis for beginners: how to read charts and identify market trends (Basic)
This course introduces the fundamentals of technical analysis, a key tool traders use to predict price movements in financial markets. You will learn how to analyze charts, recognize trends, and identify optimal entry and exit points for trades.
Technical analysis is a universal method used in stock, forex, and cryptocurrency markets. By studying historical price movements, traders can develop strategies based on market patterns and behavior. This course provides a structured approach to understanding price action and key technical indicators.
What’s included in the course?
Module 1: Core principles of technical analysis
What is technical analysis, and how does it differ from fundamental analysis?
Different types of charts: line, candlestick, and bar (OHLC) charts
Support and resistance levels and their significance
Market trends and phases: uptrend, downtrend, and sideways markets
Market psychology: why prices move the way they do
Module 2: Key indicators and oscillators
Understanding technical indicators and their purpose
Trend indicators: moving averages (SMA, EMA) and Bollinger Bands
Oscillators for overbought and oversold conditions: RSI and MACD
How to combine indicators for more accurate predictions
Module 3: Applying technical analysis in real trading
How to identify entry and exit points
Understanding false breakouts and how to avoid them
Key chart patterns: head and shoulders, double top and bottom
Flags, pennants, and triangle patterns
Using Fibonacci levels for market forecasting
Practical analysis of real market situations
What you will learn:
✅ Understand the core principles of technical analysis
✅ Identify different types of charts and interpret them correctly
✅ Use technical indicators and oscillators to find trading opportunities
✅ Recognize trends and key support and resistance levels
✅ Make informed trading decisions based on market patterns
Who is this course for?
✔ Beginners looking to learn market analysis without complex formulas
✔ Traders seeking to improve their technical trading skills
✔ Investors who want to understand asset price behavior