Price action trading analyzes raw price movements without indicators, focusing on candlestick patterns, support/resistance, and trends. Key concepts:
1. Candlestick Patterns – Engulfing, Doji, Pin Bars signal reversals/continuations.
2. Support/Resistance – Price reacts at key levels; breaks/retests offer trades.
3. Trend Trading – Follow higher highs/lows (uptrend) or lower highs/lows (downtrend).
4. Price Structure – Identify breakouts, pullbacks, and consolidations.
5. Risk Management – Use stop-losses, position sizing, and high-probability setups.
Mastering price action requires screen time, patience, and discipline. Focus on clean charts, volume confirmation, and context (e.g., market sentiment). Simplicity and consistency outperform overcomplication.
