Used to ride long-term macroeconomic trends over months or years. 3. Market Structure and Trend Identification
Human psychology is constant. Fear and greed create identifiable, recurring chart patterns that traders can exploit. 2. Understanding Price and Chart Layouts
An is characterized by a sequence of higher highs and higher lows . Each rally exceeds the previous high, and each pullback stays above the previous low — indicating that buyers remain in control. trading technical analysis masterclass pdf
Mark key daily and weekly support and resistance levels.
Start with daily charts.
That means you don’t need to read financial reports or watch CNBC all day. You just need to read the chart. The chart doesn’t lie — but it does mislead if you don’t know what you’re looking at.
Many such PDFs are available for free, making professional-grade education accessible to independent learners. Used to ride long-term macroeconomic trends over months
Shows a total shift in momentum from sellers to buyers (or vice versa). 3. Support and Resistance: The Floor and the Ceiling
Human psychology is consistent, leading to recognizable patterns. 2. Reading the Language: Candlestick Mastery Fear and greed create identifiable, recurring chart patterns
All known information is already reflected in the price.