Charts are the building blocks of technical analysis, as they help investors visualize trend changes. Traders who act on trend changes quickly stand to reap huge rewards – and bar charts are a key tool for spotting these critical market turning points.
Now, this compact new guide breaks bar charts down into terms anyone can understand. For beginners, it's the first step in a technical analysis course. Experienced investors will find important trading concepts they have forgotten, or stopped using.
You'll also discover powerful methods to
Time your market moves based on whether the trend is up, down or sideways
Identify new support and resistance levels
Use chart formations to target price points and set stops
Recognize – and profit from – congestion patterns
Isolate major top and bottom formations
With an introduction to triangles, pennants, flags, and other notable formations, this thorough booklet will help investors of any level brush up on their bar chart basics and gain a true edge in the market.
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