Technical Analysis
Charts, indicators, trends and patterns — reading the market through price and volume.
Reading the market on the chart.
Technical analysis studies price behaviour (and often volume) to infer probabilities of continuation, reversal or congestion. It rests on observable rules, market context and risk management.
What it is for
Technical analysis interprets what the market does by observing candles, trends, levels, patterns and indicators derived from price. It complements price action (more structural) and cyclic analysis (more time-based).
| What it observes |
What it measures |
When it helps |
| Trend and structure |
HH, HL, LH, LL |
Direction and invalidation |
| Levels |
Support, resistance |
Decision zones |
| Momentum |
RSI, MACD, oscillators |
Strength and divergences |
| Volatility |
ATR, bands, range |
Size and stops |
| Patterns |
Chart figures, candles |
Setups with context |
Core concepts
| Term |
In Cyclepedia |
| OHLC candlestick |
|
| Trend |
|
| Support / resistance |
|
| Moving average |
|
| Timeframe |
|
| Volatility |
|
| Breakout |
|
| Pullback |
|
| Tool |
Role |
| Multi-timeframe charts |
Context and timing |
| Moving averages |
Trend and dynamic zones |
| Oscillators (RSI, MACD) |
Momentum and divergences |
| ATR / bands |
Volatility and stops |
| Fibonacci, pivots |
Reference levels |
| Technical screeners |
Pattern and setup filters |
Representative traders and authors
| Figure |
Contribution |
|
|
| Robert Edwards & John Magee |
Technical Analysis of Stock Trends |
| John Murphy |
Intermarket Analysis, classic charting |
| Martin Pring |
Momentum, technical cycles, indicators |
| Gerald Appel |
MACD |
| J. Welles Wilder |
RSI, ATR, parabolic SAR |
| Alexander Elder |
Triple screen, trading psychology |
Suggested path
- Bronze Path — price, trend, support, risk
- OHLC Candlestick · Trend — charting basics
- Moving average · Volatility — essential indicators
- Silver path — setups, plan, metrics
- Dow Tradition — historical origin of market movements, averages and confirmation
- Price action — price structure without indicators
- Cyclic analysis — time dimension and cycles
Links
Sources
