The first chapter of Level 3 will introduce you to another major tool for financial analysis– technical analysis. Technical analysis presents a framework for analyzing price movements and charts that serves as a complement to fundamental analysis in determining an investor’s trading strategy.
Chapter 1 elaborates on major concepts in technical analysis, such as trends, support and resistance levels, retracements and price channels.
Chapter 1 also discusses the role of market sentiment, trading volume and volatility in the formation of price movements on the market.
This video presents only a brief overview of the chapter. For more detailed information, please read our manuals.
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