Course
Technical Analysis
1. Introduction to Technical Analysis
What is Technical Analysis?
Importance of Technical Analysis in Trading and Investing.
Differences between Technical and Fundamental Analysis.
Understanding Market Trends: Uptrend, Downtrend, and Sideways.
Market Psychology and Price Action Basics.
2. Chart Types and Patterns
Chart Types:
Line Charts, Bar Charts, and Candlestick Charts.
How to Read and Interpret Candlestick Charts.
Chart Patterns:
Reversal Patterns: Head & Shoulders, Double Top/Bottom.
Continuation Patterns: Flags, Pennants, Ascending/Descending Triangles.
Range-Bound Market Analysis.
3. Candlestick Patterns
Introduction to Candlestick Patterns.
Single-Candle Patterns:
Doji, Hammer, Inverted Hammer, Shooting Star.
Double-Candle Patterns:
Bullish and Bearish Engulfing, Piercing Line, Dark Cloud Cover.
Triple-Candle Patterns:
Morning Star, Evening Star, Three White Soldiers, Three Black Crows.
4. Trend Analysis
Identifying Market Trends: Uptrend, Downtrend, Sideways.
Drawing and Using Trendlines.
Trend Channels and Their Applications.
Fibonacci Retracements:
Using Fibonacci Levels for Trend Continuation and Reversals.
5. Technical Indicators
Trend Indicators:
Moving Averages (SMA, EMA).
Average Directional Index (ADX).
Momentum Indicators:
Relative Strength Index (RSI).
Stochastic Oscillator.
Moving Average Convergence Divergence (MACD).
Volume Indicators:
On-Balance Volume (OBV).
Volume Weighted Average Price (VWAP).
Volatility Indicators:
Bollinger Bands.
6. Support and Resistance Levels
Identifying Key Support and Resistance Zones.
Role of Support and Resistance in Trading Strategies.
Breakouts, False Breakouts, and Retests.
7. Risk Management and Trading Psychology
Risk Management:
Position Sizing and Risk-to-Reward Ratios.
Setting Stop-Loss and Take-Profit Levels.
Understanding Leverage and Margin.
Trading Psychology:
Overcoming Emotional Trading.
Discipline and Patience in Trading.
8. Advanced Tools and Techniques
Bollinger Bands and Their Uses.
Pivot Points for Intraday Trading.
Basics of Elliott Wave Theory.
9. Strategy Development and Practical Application
Building a Trading Strategy: Step-by-Step Guide.
Back testing Strategies Using Historical Data.
Live Market Analysis and Case Studies.
Identifying High-Probability Trade Setups.
Course Features:
Hands-on practice using charting tools like TradingView.
Real-time trading examples and case studies.
Individual mentorship for strategy refinement.