Major Chart Patterns in Technical Analysis (Complete Guide)
Chart patterns are visual formations created by price movement on a chart. They reflect market psychology—the ongoing battle between buyers and sellers—and help traders anticipate trend continuation or reversals. When used correctly, chart patterns can: Classification of Major Chart Patterns...
What Are Channels in Trading and How to Draw Them Correctly
Price does not move in a straight line. Most of the time, it moves within structured paths, known as price channels. Channels help traders identify the direction, boundaries, and rhythm of the market, making them powerful tools for trend trading,...
Support and Resistance Levels: The Foundation of Technical Analysis
Support and resistance levels are among the most important concepts in technical analysis. Almost every trading strategy—whether based on price action, indicators, or patterns—relies on these two principles in some way. Understanding support and resistance helps traders identify where price...
What Is Technical Analysis? A Complete Guide for Traders
Technical analysis is one of the most widely used approaches in financial markets, helping traders and investors make informed decisions by studying price movements and market behavior. Whether you trade forex, stocks, commodities, indices, or cryptocurrencies, understanding technical analysis can...
Trend Lines: A Complete Guide for Traders
Trend lines are one of the simplest yet most powerful tools in technical analysis. Used by beginner and professional traders alike, trend lines help identify market direction, potential entry and exit points, and areas where price may reverse or continue...