Welcome to the beginners guide to technical analysis by Brandon Babb. This course is designed to help jumpstart your investing by teaching you the basics of reading charts and trends. Gain financial freedom from using the knowledge base in this course. Learn about the tools you need to invest confidently and safely during your investment journey. This lesson is designed to be used with the Trading View website.
What's included in this course:
Lesson 1: Choosing the Right Trading View Plan and Setting up the Basics
Lesson 2: Learn How to Zoom, Pan, and Set your Scale while continuing to grasp the Basics
Lesson 3: Learning How to use Drawing Tools and Creating your Favorites
Lesson 4: Unlocking Horizontal Support and Resistance Lines
Lesson 5: Locating Support and Resistance Trend lines
Lesson 6: Trading the Channels
Lesson 7: Adding and Configuring Indicators
Lesson 8: The Art of Staying ahead with Smart Alerts
Lesson 9: Pattern Recognition and Measured Moves
Lesson 10: Projections Exercise
Bonus Content: Video Simple EMA Indicator & Technical Analysis Definitions
This lesson guides you through selecting and setting up the ideal TradingView plan for your trading needs. Beginners will benefit from the Basic plan, which offers essential tools like limited indicators and chart-saving capabilities. You'll also learn how to switch to a dark theme, customize chart elements (grid lines, colors, and symbols), and maximize your workspace with full-screen viewing options (Shift + F and F11). By the end of the session, you'll understand why the Basic plan is a great starting point and how to unlock more advanced features as your trading journey progresses.
Key Concepts:
Get familiar with the different Trading View plan options and choose the one that best suits your needs.
Customize the Trading View chart settings, such as changing the theme, adding grid lines, and adjusting the colors.
Explore the full-screen mode and different chart time frames to optimize your trading view.
Mastering TradingView Navigation & Customization for Technical Analysis
This lesson explores how to efficiently navigate and customize TradingView for technical analysis. You’ll learn how to switch between time frames (monthly, weekly, daily), zoom into specific areas, and choose between logarithmic and linear scales—crucial for analyzing volatile assets like cryptocurrencies. The session also covers creating and managing stock lists, using the search bar to find assets, and utilizing TradingView’s powerful drawing tools and alert systems for in-depth market analysis. By the end, you’ll have a streamlined workflow, setting the stage for the next lesson on drawing tool basics and setting up favorites.
Key Concepts:
Become more comfortable using the basic features like zooming, panning, and switching time frames.
Explore the differences between linear and logarithmic charts and determine when to use each.
Create a custom watchlist for stocks to monitor in 2025.
Review the drawing tools and alert systems available on the platform.
Lesson 3: Mastering Drawing Tools & Customization in TradingView
In this lesson, you’ll learn how to effectively use TradingView’s drawing tools to enhance your technical analysis. The instructor demonstrates essential tools like horizontal (Alt + H) and vertical (Alt + V) lines, parallel channels, trend lines, geometric shapes (curve, path, rectangle), and the brush tool. You’ll also discover how to customize these tools by adjusting colors, line styles, and adding text for clearer chart annotations. Advanced features such as extending lines, setting precise coordinates, and highlighting price action are covered to refine your charting skills. The lesson wraps up with a preview of upcoming topics, including support and resistance analysis and organizing drawing objects for a more efficient workflow.
Key Concepts:
Learn how to find support and resistance levels and group objects on the chart.
Practice using the drawing tools and creating a favorites bar.
In this lesson, you’ll learn how to identify and organize horizontal support and resistance lines—a foundational skill for technical analysis.
Key Concepts:
✅ Grouping Lines for Clarity: Use the grouping feature in TradingView to keep your drawings organized and avoid confusion when switching between time frames.
✅ Defining Key Levels: Learn how to label and color-code lines such as resistance tops, support bottoms, grade A support, and grade A resistance.
✅ Identifying Pivot Lines of Decision: Understand how to recognize critical points where the market decides whether to continue its trend or reverse.
✅ Using Time Frames Effectively: Know when to use daily, weekly, and monthly charts to find major support and resistance levels.
✅ Avoiding Noise: Focus on significant levels instead of getting distracted by minor bounces or choppy price action.
This lesson provides a structured approach to finding reliable horizontal support and resistance lines to enhance your technical analysis skills.
This lesson builds on previous concepts by teaching how to find and connect support and resistance trend lines—a critical skill for identifying high-probability trades.
Key Concepts:
✅ Connecting Trend Lines: Learn how to draw effective trend lines by connecting significant points of price action, such as highs and lows, across different time frames.
✅ SR Flip Concept: Understand how a trend line that acts as resistance can flip into support once it’s broken (or vice versa).
✅ Identifying Confluence Areas: Recognize when trend lines intersect or align with horizontal support/resistance lines, increasing the likelihood of a bounce or rejection.
✅ Price Action Bottlenecks: Spotting areas where price action is funneled into a narrow range before a breakout or breakdown.
✅ Application for Day Traders vs. Long-Term Investors: Learn how to apply trend lines for various trading styles, from day trading to swing trading and long-term investing.
By the end of this lesson, you'll know how to effectively draw and analyze support and resistance trend lines, improving your ability to anticipate price movements.
In this lesson, you'll learn how to effectively use the parallel channel tool in TradingView, a powerful method for identifying price movement trends. I explain how parallel channels work in both upward and downward markets, with a statistical likelihood of breaking in the opposite direction over time.
Key Concepts:
✅ Identifying strong support and resistance levels within a channel
✅ Using three points of contact and a solid midpoint for a reliable channel setup
✅ Understanding price action behavior within channels, including bounces and rejections
✅ How the midpoint of a channel acts as dynamic support/resistance
✅ Utilizing technical indicators (such as moving averages, MACD, and RSI) for confirmation
The lesson also walks through a real-world example of a cybersecurity stock, analyzing potential trade setups using a parallel channel. By the end, you'll see how a well-formed channel can signal high-probability trade opportunities, whether for short-term gains or long-term investments.
In this lesson, you’ll learn how to find, add, and configure essential indicators on TradingView to enhance your trading strategy.
Key Concepts:
✅ Indicators Covered:
EMAs Min Max (by Edward Benton): Provides a comprehensive view of moving averages, offering buy and sell signals when crossover events occur.
CBC 5MA DRS (Color-Based Code): Displays multiple moving averages with color themes; essential for identifying golden crosses and death crosses.
VRVP (Visible Range Volume Profile): Shows the most traded price levels over a specified period, highlighting points of control, high-value, and low-value areas.
Volume Indicator: Measures buying and selling pressure, essential for understanding market sentiment.
Stochastic RSI (by Neobutane): A faster, more sensitive RSI indicator that helps detect overbought and oversold conditions.
RSI (Relative Strength Index): A classic indicator for identifying overbought (above 70) and oversold (below 30) conditions.
MACD (Moving Average Convergence Divergence): A momentum indicator that helps spot trend reversals using signal line crossovers and histogram strength.
✅ Configuring Indicators:
Saving favorite indicators for quick access.
Adjusting indicator settings to enhance granularity and visibility.
Understanding how each indicator complements others for a broader market perspective.
✅ Combining Indicators:
Using indicators together (like RSI with MACD or Stochastic RSI) to confirm signals and strengthen decision-making.
Understanding how indicators interact with price action to identify high-probability trades.
By the end of this lesson, you’ll know how to effectively add, configure, and interpret multiple indicators to make more informed trading decisions.
This lesson focuses on how to use smart alerts in TradingView to stay on top of market movements without constantly watching your charts. It walks you through how to set alerts on price levels, trend lines, horizontal lines, and popular indicators—a must-know feature for efficient trading.
Key Concepts:
✅ Types of Alerts You Can Set:
Horizontal lines (like support/resistance or custom price levels)
Trend lines and parallel channels
Indicators (e.g., RSI, MACD, moving averages, volume, stochastic RSI)
✅ Using Alerts Effectively:
Create alerts for crossovers like the death cross or golden cross
Use alerts for volume spikes, MACD zero-line crosses, or RSI divergences
Set alerts on indicators by drawing horizontal lines directly on the indicator chart
✅ Free Plan Limitations:
Free TradingView accounts allow one price alert and one indicator alert at a time
Alerts are customizable (e.g., once per bar close, only once, or every time)
You can delete and replace alerts as needed
✅ Pro Tips:
Combine alerts with your technical drawings to automate your trading strategy
Set alerts on key levels so you're notified when price action approaches critical zones
Use alerts to monitor multiple assets without staring at your screen all day
This lesson empowers traders to trade smarter and more efficiently by automating signal detection and minimizing screen time. It's an essential skill for both day traders and long-term investors who want to stay ahead of market moves.
In this lesson, you’ll dive into pattern recognition and how to use measured moves to anticipate price action effectively. I cover key chart patterns, explaining how they form, their significance, and how traders can use them to make informed decisions.
Key Concepts:
✅ Identifying common patterns such as flags, pennants, head and shoulders, and triangles
✅ Understanding measured moves to estimate price targets after a breakout
✅ How to spot continuation vs. reversal patterns for better trade entries
✅ Using trendlines and support/resistance levels for confirmation
✅ Applying technical indicators to strengthen pattern-based strategies
The lesson includes real-market examples to illustrate how these patterns play out in different scenarios. By the end, you’ll have a solid foundation in recognizing profitable setups and leveraging measured moves to refine your trading strategy.
in this lesson, you’ll learn how to project stock price movements using a mix of technical analysis (TA) and fundamental analysis (FA). I walk through a real-world example with the company Lemonade (LMND)to demonstrate how traders can analyze trends and make informed projections.
Key Concepts:
✅ Identifying price trends using support, resistance, and pivot levels
✅ Understanding probabilities of price movement based on trend rejection or breakout scenarios
✅ Using technical indicators like RSI, Stochastic RSI, MACD, and moving averages for confirmation
✅ Evaluating fundamental factors such as company revenue, profitability, and market competition
✅ Analyzing institutional activity, short interest, and hedge fund sentiment for deeper market insight
The lesson also explores stock projections using third-party tools, highlighting the potential risks and rewards of long-term investing in volatile stocks. By the end, you'll gain a structured approach to analyzing any stock, balancing both technical signals and fundamental strength to improve decision-making.
In the "Bonus" section I have included additional videos and resources that will help you along your journey in learning technical analysis