Chart Lessons Every Trader Should Learn (Before It’s Too Late)
Trading isn’t just signals and hype — it’s about understanding what price really says. Let’s break down key lessons from reading charts 👇 1/ Price Moves in Waves 🌊 Markets move in impulse (trend) and correction (pullback) waves. 📈 Uptrends = Higher highs & higher lows 📉 Downtrends = Lower highs & lower lows ➡️ Master this & you’ll read the market like a pro. 2/ Volume Confirms the Move 🔊 A breakout without volume = 🚩 fakeout risk. ✅ Rising volume = strong conviction ❌ Low volume = weak or suspect move 📚 Always read price with volume. 3/ Support & Resistance Are Zones, Not Lines 🧱 Don't expect perfect touches. 📌 Use zones to anticipate bounces or breaks. 🧠 Flexibility > Precision in real trading. 4/ Trends End With Clues 🔍 Watch for: ⚠️ Divergences (price up, momentum down) ⚠️ Failed breakouts ⚠️ Reversal patterns (Head & Shoulders, Double Top/Bottom) The market whispers before it shouts . 5/ Breakouts Need Retests 🔁 Many g...