Technical analysis, level 2: patterns and indicators
Add patterns and indicators to your price reading, and learn exactly where each one lags or misleads. Worked examples on gold, EUR/USD and Saudi Aramco (2222), a practice task and a “mark this chart” exercise in every lesson.
⚠️ Risk warning: CFDs and leveraged forex are complex instruments with a high risk of losing money rapidly. Most retail accounts lose money. This content is education only, not investment advice or a recommendation.
0 of 6 lessons completed
- 1Chart patterns: triangles, flags, double tops, head and shoulders
Recognise the classic chart patterns, know what confirms them (a close through the neckline or boundary), how the measured move is calculated, and why many patterns fail. Gold and Saudi Aramco (2222) examples.
4 min read - 2Volume: what it confirms and what it cannot
Use volume to judge breakouts and pullbacks, understand why spot forex and CFDs only show tick volume, and avoid reading too much into one bar. Saudi Aramco (2222) and gold examples.
3 min read - 3Moving averages: a trend filter, not a signal
How simple and exponential moving averages work, why every crossover lags, and how to use them as a trend filter and dynamic support instead of a buy or sell button. EUR/USD and gold examples.
3 min read - 4RSI: momentum, divergence and common misuse
What the Relative Strength Index measures, why "overbought" is not a sell signal in a trend, how bullish and bearish divergence work, and how traders misuse RSI. Gold and EUR/USD examples.
3 min read - 5MACD: crossovers, the histogram and lag
How MACD is built from two EMAs, what the signal line and histogram show, why zero-line and signal-line crossovers lag, and how to use MACD for momentum context. EUR/USD and Saudi Aramco (2222) examples.
3 min read - 6Bollinger Bands and ATR: measuring volatility
Read volatility with Bollinger Bands and the Average True Range: squeezes, expansions, why touching a band is not a signal, and using ATR to size stops sensibly. Gold and EUR/USD examples.
3 min read