Lesson 12 of 123:505 Sources
Level 2 review + level test

Recorded. Publishing soon
Educational content, not investment advice. Nour explains how markets work. She never tells you what to buy or sell.
Level 2 covered technical analysis from reading a chart to modern concepts.
- Charts and timeframes: candles show four prices; choose your timeframe by your time and analyse top-down.
- Trend, support/resistance, trendlines and channels: zones and structures, not exact lines.
- Candle and chart patterns: context first, then confirmation.
- Moving averages, RSI and MACD: lagging witnesses, not judges.
- Fibonacci and supply/demand/liquidity: probabilities that strengthen when tools meet.
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Review and level test
This lesson recaps the whole level. When you're ready, take the 10-question test.
Take the testSources
Every fact in this lesson is backed by the sources below.
- 1.CME Group Education — Support and resistanceSupport/resistance are zones; role reversal
- 2.CME Group Education — Technical patterns: reversalsPatterns are only indications, not absolute rules
- 3.ASX — Shares course 11: Technical analysis (PDF)Trend definitions; charts cannot predict the future with certainty
- 4.MetaTrader 5 Help — Relative Strength IndexRSI 0–100, 14 periods
- 5.CME Group Education — Oscillators: MACD, RSI, stochasticsOverbought/oversold can persist; divergence might indicate a change
Educational content, not investment advice. Risk warning: trading forex, CFDs, gold and crypto carries a high level of risk and may not be suitable for everyone. You can lose more than you put in. Souq Daily is an education platform. Nothing here is investment advice, a recommendation or an offer, and past performance does not predict future results.