Stage 21 · Premium
Technical Analysis

Chart Reading Foundations

Read price action the way professional traders do. Trends, trendlines, channels, zones, and the recognition reps that make your read trustworthy.

Stage 21 of the TradeWize technical analysis track: read trends, trendlines, channels and zones on chart drills until your read is trustworthy.

0 / 14 done
StartLesson 1 · Candles vs. Line Charts
What you’ll leave with14 lessons · 12-line playbook
  • Candles show OHLC; line charts hide the journey.
  • Trends are HH/HL up, LH/LL down, mixed = range.
  • A trendline needs 3 touches to be real. Two is a hypothesis.
  • A break + retest is the strongest signal. A break alone is half a signal.
  • Channels: trendline + parallel rail. Trade either rail.
  • Levels are zones, not lines. The zone is where price reacts.
  • Broken support becomes resistance — and vice versa.
  • Confluence makes a level strong: prior swings + round numbers + MA proximity stack.
  • A reversal violates structure; a pullback respects it.
  • A reversal candle's power is its location, not its shape.
  • Early-trend pullbacks are buyable. Late-trend pullbacks aren't.
  • Pick the timeframe that answers your question, not the one that confirms your bias.