| TEC202
Technical analysis and Historical data
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Technical analysis is a science that use its specific tools to study the historical data, but every one has his own way to work, and we must know the importance and strengths of each tool and how to use the product in a way that prevents the gaps of negative points of every tool, and this is the main objective of the technical strategies .
What you will learn?
- Study the different trends forms and how to use it.
- Draw trend lines.
- Determine the possibility of trend lines breaching and their use in buy and sell decisions.
- Determine support and resistance.
- Read charts
- Master one of the main technical analysis tools: Trend Line and support and resistance lines in order to identify the buy and sell points.
After completing this lesson, you will be able to
- Draw trend lines
- Identify support and resistance levels
- Differentiate major trend lines and secondary trends
- Trade using support, resistance and breaching
- Read any type of chart for any currency pair or stock
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