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Chart Pattern Analysis for Beginners
Day 1: Introduction To Chart Patterns
Explanation of chart patterns and their significance
Different types of chart patterns: continuation patterns and reversal patterns
Day 2: Continuation Patterns
Flags and pennants
Symmetrical triangles
Ascending and descending triangles
Interpretation of continuation patterns and their implications for stock price movement
Day 3: Reversal Patterns
Head and shoulders
Double tops and double bottoms
Triple tops and triple bottoms
Interpretation of reversal patterns and their implications for stock price movement
Day 4: Advanced Chart Patterns
Cup and handle
Wedges
Rectangles
Examination of real-life examples and case studies
Incorporating multiple chart patterns and their combined signals
Day 5: Technical Indicators And Confirmation
Explanation of technical indicators and their role in confirming chart patterns
Study of common indicators like moving averages, MACD, and RSI
Analyzing chart patterns with the help of technical indicators
Day 6: Breakout And Pullback Trading Strategies
Identifying breakout patterns
Entry and exit strategies for breakout trades
Pullback trading strategies
Combining breakout and pullback strategies
Day 7: Putting It All Together
Recap of all the covered chart patterns and indicators
Identifying potential trade setups using chart patterns
Developing a trading plan based on chart patterns and risk management
Curriculum
- 7 Sections
- 26 Lessons
- 7 Days
- Day 1: Introduction to Chart Patterns3
- Day 2: Continuation Patterns4
- Day 3: Reversal Patterns4
- Day 4: Advanced Chart Patterns5
- Day 5: Technical Indicators and Confirmation3
- Day 6: Breakout and Pullback Trading Strategies4
- Day 7: Putting It All Together3