Learn Technical Analysis With Wilson Shrestha

Technical Analysis:

There are 2 methods:

• Price Action
• Technical Indicator (MACD, RSI, Bollinger Band, etc.)

 Trading types:

1. Intraday
2. Positional or Swing Trading

Why to use Technical Charts?

The chart is used to visualize prices in the form of chart form.

Track and record the previous price of the stocks.

It will help to understand previous price movements.

How to use Technical Charts?

Login:

• chukul.com

Requirements:

1. Mobile No.

Candlesticks

Types of Single Candlesticks:

1. Marubozu
   • Bullish Marubozu
   • Bearish Marubozu
2. Spinning Tops
3. Doji
4. Paper Umbrella
   • Hammer (Bullish)
   • Hanging Man
5. Shooting Star

Types of Multiple Candlesticks Patterns:

1. Engulfing Patterns
2. Harami Patterns
3. Gap-Based Patterns
4. Morning Star
5. Evening Star

How to find Support and Resistance?

-Volume Analysis

What is Price Action?

Taking trading decisions on the basis of the price moments of an assets.
Price always follows certain patterns and these patterns repeat over time.

Chart Pattern
-Bullish & Bearish Rectangle. (BOX Pattern)
-Triangle Pattern
-Double Top & Double Bottom (W Pattern)
-Head & Shoulders Pattern
-Flag Pattern
-Cup and Handle

PRO TIPS: Look at Retest & Volume

Technical Indicator

• MACD
• Bollinger Band
• RSI

Perfect to Buy

Bollinger Band: Narrow

RSI: 60+

Marabuzu Candlestick with High volume.

Perfect to Sell

Bollinger Band: Wide

Trendline Break-Down

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