What is Price Action?
Price action is the movement of a stock or asset’s price over time. It helps traders understand market sentiment without relying heavily on indicators.
Support and Resistance
Support is a level where price tends to stop falling, while resistance is where price struggles to move higher. These levels are key for making entry and exit decisions.
Candlestick Patterns
Candlestick patterns like Doji, Engulfing, and Pin Bar give insights into market psychology and possible reversals.
Trend Identification
Recognizing whether the market is in an uptrend, downtrend, or sideways movement is crucial for successful trading.
Combining Everything
Professional traders combine support/resistance, trends, and candlestick patterns to make high-probability trades.