Technical Analysis
Reading price, structure, and momentum.
Chart Patterns(10)
Ascending Triangle
intermediateAn ascending triangle is a bullish continuation pattern formed by a horizontal line of resistance and an ascending line of support, confirming on an upward breakout.
Bear Flag
beginnerA bear flag is a bearish continuation pattern consisting of a sharp price drop (flagpole) followed by a minor upward-sloping channel (flag), confirming on a downward breakdown.
Bull Flag
beginnerA bull flag is a bullish continuation pattern characterized by a sharp price spike (flagpole) followed by a minor downward-sloping channel (flag), confirming on an upward breakout.
Cup & Handle
intermediateA cup & handle is a bullish continuation pattern featuring a rounded bowl-shaped recovery (cup) followed by a brief downward consolidation (handle) before breaking out.
Descending Triangle
intermediateA descending triangle is a bearish continuation pattern formed by a horizontal line of support and a descending line of resistance, confirming on a downward breakdown.
Double Bottom
intermediateA double bottom is a bullish reversal pattern where price twice fails to break below the same support level, forming a 'W', and confirms only when it closes above the peak between the two lows.
Double Top
intermediateA double top is a bearish reversal pattern where price twice fails to break above the same resistance level, forming an 'M', and confirms only when it breaks below the neckline support.
Head & Shoulders
advancedA head & shoulders is a bearish reversal pattern featuring three peaks, with the middle peak (head) being the highest, and confirms on a breakdown below the neckline connecting the lows.
Inverse Head & Shoulders
advancedAn inverse head & shoulders is a bullish reversal pattern with three troughs, where the middle trough is the deepest, and confirms on a close above the neckline resistance.
Wedge
advancedA wedge is a chart pattern formed by two converging trendlines that slope in the same direction, acting as a reversal or continuation signal depending on the slope.
Candlesticks(8)
Bearish Engulfing
beginnerA Bearish Engulfing is a two-candle reversal pattern where a large red candle body completely wraps around the body of the preceding small green candle.
Bullish Engulfing
beginnerA Bullish Engulfing is a two-candle reversal pattern where a large green candle body completely wraps around the body of the preceding small red candle.
Doji
beginnerA Doji is a single-candle pattern where the opening and closing prices are virtually equal, representing market indecision and a potential shift in momentum.
Evening Star
intermediateAn Evening Star is a three-candle bearish reversal pattern consisting of a long green candle, a small-bodied gap-up candle, and a long red candle closing deep.
Hammer
beginnerA Hammer is a bullish reversal candlestick pattern featuring a small real body at the top and a long lower shadow, indicating strong rejection of lower prices.
Marubozu
intermediateA Marubozu is a single-candle momentum pattern with a long real body and virtually no upper or lower shadows, indicating absolute control by one side.
Morning Star
intermediateA Morning Star is a three-candle bullish reversal pattern consisting of a long red candle, a small-bodied gap-down candle, and a long green candle closing high.
Shooting Star
beginnerA Shooting Star is a bearish reversal candlestick featuring a small body at the bottom and a long upper shadow, signaling rejection of higher prices.
Indicators(9)
ATR
intermediateAverage True Range (ATR) measures market volatility by decomposing the entire range of an asset's price for a given period, typically using a 14-day average.
Bollinger Bands
intermediateBollinger Bands consist of a middle moving average flanked by two standard deviation bands, measuring volatility and defining overextended price boundaries.
EMA
beginnerAn Exponential Moving Average (EMA) is a type of moving average that places a greater weight and significance on the most recent data points, reacting faster to price changes.
MACD
intermediateMoving Average Convergence Divergence (MACD) is a trend-following momentum indicator that shows the relationship between two moving averages of an asset's price.
Moving Average (SMA)
beginnerA Simple Moving Average (SMA) calculates the average price of an asset over a specified number of periods, smoothing out price noise to define trend direction.
RSI
beginnerThe Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements, typically ranging from 0 to 100 to identify overbought or oversold conditions.
Stochastic
intermediateThe Stochastic Oscillator compares an asset's closing price to its price range over a specific period, oscillating between 0 and 100 to show momentum shifts.
Volume
beginnerVolume represents the total number of shares or contracts traded during a specified period, acting as a crucial confirmation tool for price movements.
VWAP
intermediateVolume Weighted Average Price (VWAP) is a technical indicator that calculates the average price of an asset based on both volume and price, serving as a key intraday benchmark.
Concepts(5)
Breakout
beginnerA Breakout occurs when an asset's price moves outside a defined support or resistance boundary, typically accompanied by an expansion in volume and volatility.
Divergence
intermediateDivergence occurs when an asset's price moves in the opposite direction of a technical indicator, signaling a weakening trend and potential reversal.
Pullback
beginnerA Pullback is a temporary pause or decline in an asset's ongoing uptrend, providing a lower-risk entry point in the direction of the primary trend.
Support & Resistance
beginnerSupport and resistance are price levels where an asset historically tends to stop and reverse, acting as temporary floors and ceilings for price movement.
Trend
beginnerA Trend is the general direction in which an asset's price is moving, categorized as an uptrend (rising), downtrend (falling), or sideways trend (flat).