September 16, 2021

Technical Analysis Cheat Sheet

Technical Analysis Cheat Sheet

Click here to get a PDF of this post

Technical analysis is the art and science of reading price action on a chart. Here is a quick reference guide that can be used as a cheat sheet. 

A range bound market can be identified by horizontal upper resistance and horizontal lower support.

Technical Analysis Cheat Sheet

When price breaks out of a trading range it can signal the potential for a new trend in price:

Technical Analysis Cheat Sheet

Trend lines are a way to identify a current trend by connecting vertical levels of price resistance and support on a chart. Technical Analysis Cheat Sheet

The MACD can signal the beginning of swings and trends on a chart:

Technical Analysis Cheat Sheet

RSI can be used to establish the risk/reward ratio on a chart from 30 oversold to 70 overbought:

Technical Analysis Cheat Sheet

Moving averages can filter for trends on a chart in the timeframe of the moving average:

Technical Analysis Cheat Sheet

Chart patterns can signal breakouts, reversals, and continuations of current price action:

Technical Analysis Cheat Sheet

The best use of technical analysis is for quantifying buy signals, minimizing losses by setting stop losses at key price levels, and using trailing stops to maximize gains.