Unit 1 · 0/8
Technical Analysis Basics
Learn to read charts, understand candlesticks, and identify patterns
Unit 1 guidebook
Technical Analysis Basics
Learn to read charts, understand candlesticks, and identify patterns
- 1
What is Technical Analysis?
Technical analysis studies price and volume to predict future movements
5 min5 exercises
- 2
Reading Candlestick Charts
Candlesticks show Open, High, Low, Close (OHLC) for each time period
8 min6 exercises
- 3
Timeframes Explained
Each timeframe shows a different perspective of the same price action
6 min5 exercises
- 4
Support and Resistance
Support is a floor where buyers step in; resistance is a ceiling where sellers step in
7 min6 exercises
- 5
Trend Identification
Uptrend: higher highs + higher lows; Downtrend: lower highs + lower lows
6 min6 exercises
- 6
Volume Analysis
High volume confirms price moves; low volume suggests weakness
6 min5 exercises
- 7
Common Chart Patterns
Reversal patterns signal trend changes (H&S, double tops/bottoms)
8 min5 exercises
- 8
Putting It All Together
Use a systematic approach: trend → levels → patterns → volume → risk/reward
7 min5 exercises