Tag: What is Price Action

WHAT IS A TRENDLINE

A trendline is a line that you draw above or below pivot high or lows. To indicate the price’s primary direction. Support and resistance in any time frame (TF) are represented by visually by trendlines. The depict patterns during times of the contraction and show the direction and the pace of the price. Trendlines play […]

WHAT IS PRICE ACTION

Trading with price action Price action allows you to have more trading opportunities in the market effectively without relying on news or other people’s opinions, which is the foundation of technical analysis. Most short-term traders base their trading decisions mostly on price movement, patterns, and trends. Charts that show price changes over time can be […]