Smooths out price data to identify the trend direction. The 50-day and 200-day MAs are industry standards.

: A price ceiling where selling interest is strong enough to overcome buying pressure. Prices temporarily stop rising here.

Place your entry near support in an uptrend, near resistance in a downtrend. Place your stop loss just beyond the level.

This two-candle pattern occurs when a second candle completely overlays or "engulfs" the body of the preceding candle.

A stop-loss order should never be placed at an arbitrary dollar amount. It must always be positioned at a level where your structural thesis is proven wrong.

A true technical analysis masterclass begins with three fundamental assumptions that govern market behavior: The Market Discounts Everything