Free trading course
Technical Analysis
Candles, trends, patterns, Fibonacci and multiple timeframes
- Beginner
- 15 units
- 45 lessons
- 270 questions
Learn to read a chart step by step: candlesticks, trend, support and resistance, trendlines and market structure, chart patterns, Fibonacci and multiple-timeframe analysis.
What you'll learn
- Reading Candlestick Charts
- Advanced Single Candles
- Two- and Three-Candle Patterns
- Trends and Levels
- Trendlines and Channels
- Market Structure
- Reversal Patterns
- Continuation Patterns
- Wedges and Targets
- Fibonacci Retracement
- Extensions and Targets
- Confluence
- Multi-Timeframe Basics
- Putting It into Practice
- Your Analysis Routine
Units and lessons
-
Unit 1: Reading Candlestick Charts
- Candle Anatomy
- Single-Candle Patterns
- Two-Candle Patterns
-
Unit 2: Advanced Single Candles
- Marubozu and Doji Types
- Inverted Hammer and Hanging Man
- Context: Where Beats What
-
Unit 3: Two- and Three-Candle Patterns
- Harami and Inside Bar
- Piercing, Dark Cloud and Tweezers
- Morning Star, Evening Star, Soldiers and Crows
-
Unit 4: Trends and Levels
- What Is a Trend?
- Support and Resistance
- Breakouts and Role Reversal
-
Unit 5: Trendlines and Channels
- Drawing Trendlines
- Price Channels
- Trendline Breaks
-
Unit 6: Market Structure
- Highs and Lows: HH, HL, LH, LL
- Structure Breaks and Trend Changes
- Zones, Not Lines, and Round Numbers
-
Unit 7: Reversal Patterns
- Head and Shoulders
- Double Top and Double Bottom
- Inverse Head and Shoulders and Triples
-
Unit 8: Continuation Patterns
- Flags and Pennants
- Symmetrical, Ascending and Descending Triangles
- Rectangles and Continuation Ranges
-
Unit 9: Wedges and Targets
- Rising and Falling Wedges
- Cup and Handle
- Price Targets and Fakeouts
-
Unit 10: Fibonacci Retracement
- Fibonacci Ratios and Why They Matter
- Drawing Fib on a Swing
- The 50 to 61.8 Golden Zone
-
Unit 11: Extensions and Targets
- The 127 and 161.8 Extensions
- Setting Targets with Fib
- Swing Projection
-
Unit 12: Confluence
- Fib Meets Support and Resistance
- Fib, Trend and Confirmation Candles
- Common Fib Mistakes
-
Unit 13: Multi-Timeframe Basics
- Why Several Timeframes?
- The Factor of 4 to 6 Rule
- The Higher-Timeframe Trend as a Filter
-
Unit 14: Putting It into Practice
- Higher-Timeframe Levels
- Entry Triggers on the Lower Timeframe
- When Timeframes Disagree
-
Unit 15: Your Analysis Routine
- Top-Down Analysis
- The Pre-Trade Checklist
- Writing Scenarios
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Start Technical Analysis today
Five minutes a day with Shamak: short lessons on real charts, practice with $10,000 of virtual money at live prices, and duels with your friends. Nothing to install: it runs in your phone or computer browser, and the Android app is coming soon.
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