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TYPES OF PRICE ACTION


trader99

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Price action can be one of the most challenging and profitable techniques when trading in the financial market. Among the various trading techniques in the financial market, one of them is Price Action, which is probably the most profitable and challenging technique. This model is based on price dynamics, identifying market behavior, and using graphical models to define inputs. We can draw Patterns by looking at the chart without any indicators. This technique is known as "Naked Trading." One of the most commonly used strategies for trading price action is the support and resistance pattern. Some essential price action techniques are below.

  • Japanese candlestick patterns
  • Pivot points
  • Elliott Wave Theory
  • Chart patterns
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