The first leg of the basic trending structure is often called a momentum move or an impulse move. In an uptrend, this is a relatively sharp advance driven by buying pressure (demand) overcoming existing selling pressure (supply) and creating a lack of liquidity on one side of the market. After a market has been locked […]
Price Action Patterns | Impulse Moves or Momentum Moves Read More »
Market movements can create a bewildering number of patterns and variations of patterns. Simple structures take on different meanings depending on context, and patterns sometimes develop and resolve in unexpected ways. Let us turn our attention to a simple, robust framework that focuses on the fundamental trend trading pattern created by price action. New to
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Three push pullbacks is a particular kind of Price action pattern; which signals warning before an end of a trend. We often need to analyze this pattern to confirm its development, with practice and experience; you can recognize this pattern in an easy way. Three push pullbacks is a counter trend pattern; it’s only powerful,
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Price action patterns,On which we see different behavior of market price reflection of buying and selling pressure. If there is one price action pattern which is the most deadly combination of losing money and greed, then it has to be “Event spike”Before moving further I would like to show that this article is about fading
Price Action Patterns – The Event Spike Read More »