The goal of technical analysis is to attempt to predict the future movements of an asset based on its historic price behavior.
It is based on the principle that prices, at all times, reflect all the relevant information needed to make sound trading decisions. Therefore, technical analysts, more often than not, refrain completely from using fundamental or ecomonic data of any sort. Price patterns, they argue, are firstly, reliable indicators of future prices, and secondly, universal: they repeat themselves in all markets and all time frames over again.
In this course, you will learn:
what different chart types are there
why Japanese candlesticks are superior compares to other charting methods
how to read Japanese candle sticks
how to use horizontal support and resistance and trend lines
how to do multiple time frame analysis correctly
how to trade classic chart formations, such as double top/bottom, head and shoulders, triangles