Technical Analysis abbreviations and glossary

Abbreviations and jargon I use in my content.

AO: Awesome Oscillator. An underrated technical indicator. As its name indicates, it’s an oscillator. And it’s awesome.

ATH: All Time High. The highest price an asset has ever reached.

ATL: All Time Low. The lowest price an asset has ever reached.

B/E: Breakeven, ie: entry price.

Chop: When there is no clear trend, similar to sideways.

Dip: retracement in an uptrend, aka Lower High. Some people call every price decrease a “dip” and say “buy the dip” while they’re buying a lower low in a downtrend. Don’t listen to these people unless they’re known for being good at catching reversals.

EQ: Equilibrium, ie: middle of the trading range. Often acts as a pivot. Equivalent to Fibonacci level if Fibonacci levels is fit at the extremities of the range.

EMA: Exponential Moving Average. Price average Price average over a certain period, but giving more weight to the most recent candles. Reacts faster than MAs.

FA: Fundamental Analysis. Also used to denote an event related to the project itself rather than derived from the chart (TA)

Fib/Fib levels: Fibonacci levels.

HH: Higher High, ie: last local swing high went higher than the previous one.

HL: Higher Low, ie: last local swing low went higher than the previous one.

LH: Lower High, ie: last local swing high went lower than the previous one.

LL: Lower Low, ie: last local swing low went lower than the previous one.

MA: Moving Average. Price average over a certain period. Also refered to as Simple Moving Average on TradingView. Can also be used as a generic term for all types of moving averages (Simple Moving Average, Exponential Moving Average, Smoothed Moving Average, etc.).

MFI: Money Flow Index. An oscillator based on price and volume.

MSB: Market Structure Break. When an uptrend trend is showing a first lower low, a market structure can be identified. It is confirmed after the second lower low. Same thing in a downtrend, but with higher highs. Indicates a trend reversal.

OB: Order Block.

OTC: Over-the-counter. Transactions done directly between two parties, outside of the exchanges. Usually for large orders in order to not affect the asset price.

PA: Price Action. Information derived from the price movements on the chart.

R:R: Reward:Risk. What you earn if target is reached, versus what you lose if you are stopped out.

SFP: Swing Failure Pattern. A wick below/above the last major swing low/high. Typically used by large players to engineer liquidity by triggering the stops placed right below/above the last swing low/high, and stopping the breakout traders who shorted/longed

S/R: Support/Resistance, ie: a horizontal price level.

S/R flip: bullish when former resistance turns support, bearish when former support turns resistance.

S/L: Stop-Loss order.

TA: Technical Analysis.

TP: Take Profit order.

Trend: Ideally what you want to be trading. A succession of higher highs (HH) and higher lows (HL) make a bullish trend (or uptrend) . A succession of lower highs and lower lows make a bearish trend (or downtrend).

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3 thoughts on “Technical Analysis abbreviations and glossary”

  1. Thanks so much Krillin. Been following you for a year on twitter. Keep doing what you’re doing – you are loved.

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