The Technician's Basic Tool The Price Chart - Sri 0028 -(pdf)
Whether you trade short-term or long-term, discretionary or systematic, your goal
as a technician is always the same: to find profitable patterns in price behavior.
To accomplish this, technicians use a number of methods to identify the
prevailing price trend, or to identify points at which a trend is about to reverse
(the time scale, of course, can vary). These basis for these techniques can be
roughly divided in two categories: chart analysis and technical indicators.
Because basic chart analysis is the backbone of technical trading, we'll explain
the most popular chart types, what they tell you, and...