Track 03 · Tools, not oracles
Technical Analysis
Candlesticks, volume and indicators, with honest limits on what each one can tell you.
Free learning note
A level is a question, not a promise.
Support and resistance describe areas where price has previously met buying or selling interest. Treat them as zones to observe, not exact prices that must hold. A moving average summarises past prices; it does not know what comes next.
An example to think through
Price can move beyond a previously respected area and then return inside it. That is why a breakout label by itself is not a complete plan.
Try this on a historical chart.
Find a historical range. Mark its upper and lower areas, including occasions where price briefly crossed them. Describe what the chart actually did.
Read a consolidation exampleProposed course outline
- Module 1Candlestick anatomy
- Module 2Volume and participation
- Module 3Moving averages
- Module 4Indicator pitfalls