Price action trading is a methodology where traders make decisions based on the interpretation of actual price movements on a chart, rather than relying primarily on lagging indicators. It involves observing and analyzing candlestick patterns, trend lines, support and resistance levels, and volume to identify potential trading opportunities and manage risk. The focus is on understanding the story the market is telling through its price behavior.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.