Technical Analysis 101: Reading Charts Like a Pro

January 20, 2026

Technical Analysis 101: Reading Charts Like a Pro

Understanding Technical Analysis

Technical analysis is the study of price movements and trading patterns to forecast future market behavior. Unlike fundamental analysis which focuses on company financials, technical analysis uses charts and indicators to make trading decisions.

Essential Chart Patterns

Learn to identify key patterns like head and shoulders, double tops and bottoms, triangles, and flags. These patterns signal potential trend reversals or continuations. With Vellaric's real-time charts, you can practice spotting these formations without financial risk.

Popular Technical Indicators

Moving averages, RSI (Relative Strength Index), MACD, and Bollinger Bands are powerful tools for analyzing market momentum and potential entry/exit points. Understanding how to combine multiple indicators can significantly improve your trading accuracy.

Practice Makes Perfect

Use Vellaric to backtest strategies and practice reading charts across different timeframes. Track your performance to see which indicators work best for your trading style. The platform's analytics help you understand what's working and what needs improvement.

Start Your Technical Analysis Journey

Master technical analysis with Vellaric's paper trading platform. Practice identifying patterns, testing indicators, and developing your own trading system—all without risking a single dollar.