Guided path · Beginner

Chart Reading Essentials

Candles, trend, support/resistance and the most common chart patterns. The visual vocabulary of trading.

  • ✓ 10 lessons in order
  • ✓ About 40 minutes
  • ✓ Progress tracked in MarketPro
  • ✓ Free to follow

Last reviewed by the MarketPro research desk · Editorial policy

The lessons, in order

A path is the academy's answer to "where do I start". The order is deliberate: each lesson assumes the ones above it, which is why reading them this way works better than picking at a category list. In the app the path tracks how far through you are and what comes next.

  1. Candlesticks 101 A candlestick is a scoreboard for one period of trading. Here is how to read the contest it records, and why location matters… Beginner4 min
  2. Support and Resistance Support and resistance exist because of what people did the last time price was there. Here is how to mark the areas that matter… Beginner4 min
  3. Trend Lines and Market Structure Swing highs and lows describe the market with no lag and no parameters to choose. Beginner4 min
  4. Moving Averages A moving average is price with the noise averaged out. It is a good filter, a fair support zone and a poor timing tool, in that… Beginner4 min
  5. Choosing the Right Chart Timeframe Pick the longest timeframe that still gives you enough setups. Every problem on the list gets worse as the timeframe shrinks. Beginner4 min
  6. Double Top Pattern Two failed attempts at the same level, and one low between them that does all the work. Beginner4 min
  7. Double Bottom Pattern Two tests of the same support area, and the bounce high between them that decides whether anything happened. Beginner4 min
  8. Ascending Triangle Pattern Rising lows pressing into a flat ceiling, and the one classic pattern whose stop is naturally tight. Beginner4 min
  9. Bull Flag Pattern A sharp run, a shallow drift, and the one continuation shape whose stop is close enough to be worth trading. Beginner4 min
  10. Common Chart Patterns A pattern is consolidation drawn as a shape. It is worth trading only when you can say what the shape means and where it is… Intermediate4 min

What it draws on

This path pulls from 3 categories: technical analysis, forex basics, chart patterns. Each of those pages lists its full set of lessons if you would rather go deep on one subject than move across several.

Written and reviewed by the MarketPro research desk

MarketPro is a trading-signal and trading-education app operated by Harajuku Holdings LTD (Cyprus). Our signal desk publishes and tracks every trade idea in-app, and every page here is checked against the app's live behaviour before publishing. Last reviewed . How we produce signals and content · About MarketPro

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Follow the path in MarketPro

10 lessons, in order, with your place kept. Free on any MarketPro account, in the app or your browser, alongside vetted free signals every week.

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