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    Chapter 4

    FOREX TECHNICAL ANALYSIS

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    7.5 MINUTES

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    technical analysis in forex overview

    Technical analysis is another core forex trading concept. This analysis involves looking at charts and using indicators to identify trends for making trading decisions. In this chapter, we will cover the basics of technical analysis in forex as well as how you can use it in your trading.

    We will start by breaking down technical analysis into easily understood sections and highlight how it’s important. Then, we will cover the different chart types and timeframes you can use in order to determine market trends, as well as the best forex technical analysis techniques.

    After that, we will explain the support and resistance levels and how you can use them to make more informed trading decisions. Next, we will talk about trend analysis alongside its indicators, including moving averages, oscillators, and momentum indicators.

    Finally, we will share different technical analysis strategies that you can adopt for making profitable trades.

    By the end of this chapter, you will have a solid understanding of technical analysis and how to make better trading decisions with it.

    COMPLETING THIS FOREX TECHNICAL ANALYSIS COURSE WILL HELP YOU:

    Who is the course for?

    Technical Analysis in Forex Trading - chapter - baxia markets

    Learning Path

    Here we will cover: 

    • Overview of technical analysis in forex trading
    • Importance of price action and historical data
    • Basic principles and assumptions of technical analysis

    1.5+ Minutes read to complete

    Here we will cover: 

    • Understanding various chart types (line, bar, candlestick)
    •The significance of time frames in technical analysis
    • Selecting appropriate time frames for trading

    1.5+ Minutes read to complete

    Here we will cover: 

    • Identifying key support and resistance levels
    • The role of psychological levels in forex trading
    • Trading strategies based on support and resistance

    1.5+ Minutes read to complete

    Here we will cover: 

    • Recognizing and analyzing trends (uptrend, downtrend, sideways)
    • Common trend indicators (moving averages, RSI, MACD)
    • Using trend indicators to enhance trading decisions

    1.5+ Minutes read to complete

    Here we will cover: 

    • Introduction to popular technical trading strategies
    • Combining multiple technical analysis tools for better results
    • Creating a personalized trading strategy based on technical analysis

    1.5+ Minutes read to complete

    Are You Ready To Start? →