Description
Question: How can you understand that there is a possibility that the price of a commodity/currency pair will go up or down in the market?
Answer: By deciphering price action patterns, the definition of price action: In summary, the art and knowledge of interpreting market movement is defined as commercial and practical ideas.
Price action tells us about the war between buyers and sellers and tells us what position we should have in the market to make more profit.
But there are many questions in the minds of traders that they will be surprised to know questions such as:
- How can price behavior be interpreted based on price action patterns?
- How can you determine whether the price is rising or falling based on price action patterns?
- How and when should we use which of the price action patterns?
In this article, we will give a full explanation of price action patterns and introduce some very strong and practical patterns and how to use them, and I hope that the dear reader will make the most of them.
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