#TradingAnalysis101 Key Concepts:
✅ Support & Resistance: Areas where price tends to stop or reverse.
✅ Trendlines: Lines that help identify trends (uptrend, downtrend, sideways).
✅ Chart Patterns:
Bullish: Double bottom, ascending triangle, cup & handle.
Bearish: Head & shoulders, double top, descending triangle.
✅ Indicators:
Moving Averages (MA): Tracks average price over time.
Relative Strength Index (RSI): Measures momentum (overbought/oversold).
MACD (Moving Average Convergence Divergence): Helps with trend direction.
Bollinger Bands: Indicates volatility and price breakouts.
✅ Volume Analysis: Higher volume confirms trend strength.