FinScans Academy: technical analysis explained

Chart patterns Chart patterns are recurring visual formations in price history that provide insights into the psychology of market participants. They are divided into reversal and cont… Topics: 5 Candlestick patterns Candlestick patterns are formations of one or more Japanese candles that visualize short-term power balances between buyers and sellers. They serve as precise triggers a… Topics: 6 Indicators Technical indicators are mathematical tools that analyze historical price and volume data to measure trend and momentum. They filter out market noise and make trends and… Topics: 4 Fibonacci Fibonacci retracements measure percentage corrections within a trend. They reveal mathematical levels where the price frequently bounces or indicates a trend change upon… Trendlines A trendline connects at least two significant highs or lows on a chart, visualizing the market's direction. It acts as dynamic support or resistance. When the price brea… Support & resistance Horizontal price zones such as support and resistance are among the most important tools in technical analysis. They mark levels where historically strong buying or sell… Divergences Divergences occur when the price action of an underlying asset deviates significantly from the movement of an oscillator indicator. Such technical discrepancies are cons… Trading styles A trading style is primarily determined by the timeframe. FinScans distinguishes four styles with two timeframes each: scalping (15m/30m), day trading (1h/2h), swing tra… Topics: 4 Risk management In trading, capital preservation is more important than profit. Professional risk management means that for every trade, you know exactly in advance what the maximum amo… Hybrid trading FinScans is deliberately not designed for fully automated trading. Markets change constantly, and unpredictable news or market phase shifts require human intuition and c… Methodology Every figure on an asset page comes from one of two data worlds, or from combining them. This page explains how each is built, what it can tell you and where its limits …