Decoding Market Moves: The Real Use of Technical Analysis
1. Price Action Reading
Observing how candles form (wicks, body, gaps) tells us who is in control — buyers or sellers.
Example: Bullish engulfing on a support zone = entry signal.
2. Volume Confirmation
Price without volume = weak move.
Volume tells us strength of conviction behind a move.
Breakout with volume = real.
Breakout without volume = fakeout.
3. Support and Resistance Zones
These are key levels where the price reacts.
Support = Demand Zone
Resistance = Supply Zone
Used to place stop-loss, entries, exits.
Example:


















