
Price Action Trading Strategy for Beginners
The movement of price of a stock plotted over time is called Price action.
The movement of price of a stock plotted over time is called Price action.
Traders commonly use the triple top pattern as a technical chart pattern in financial markets like stocks, currencies, or commodities, It’s a sign of the beginning of the bearish market.
The Super Trend Indicator is a widely-used tool or indicator in financial markets that helps traders identify trends and trend reversals.
A bearish candlestick pattern known as a shooting star is characterized by a long upper shadow and an absence of a lower shadow.
Traders use this wedge pattern to identify potential trend reversals in the stock market, with two types of wedge patterns, rising and falling, providing different signals depending on the breakout direction.
If the price moves above the upper band, it’s a signal to buy. If the price moves below the lower band, it’s a signal to sell.