Here’s the Point by Point Price Action Analysis on Nifty 50 for the week, to make sense of the Price action outlook and big picture. Take a look at the chart analysis to understand the references and gather ideas Nifty 50 Price Action Analysis on 4h Chart 1.Starting Point of the Uptrend: Every uptrend has […]
Nifty 50 – Making Sense of Price Action – 21 Dec 23 Read More »
This is the Sixth lesson in our Basic Price Action Trading Course series. In this Lesson, we are going to discuss about something called as Pattern Recognition! Pattern recognition is all about identifying repeating Price Action Patterns on the Chart. It plays a crucial role to find trading setups with proper entries and exits. Without Pattern
Lesson 6 | Recognizing Price Action Patterns for Profitable Trades Read More »
As we are nearing the end of April, Crude oil is talk of the town. Steady uptrend throughout is influencing investor sentiment in both MCX and Global markets. Trend systems could’ve resulted in consistent profits. Price action is trading in Mark up structure; we should focus of price action at 42.50 and 41.00 for potential
Crude Oil – Price action is in Uptrend – Will it last? Read More »
When most traders think of breakout trades, they think of big, dramatic winning trades. However, the trader actually trading breakouts quickly comes face-to-face with a harsh reality: false breakouts are more common than winning breakouts. This doesn’t means breakout trading concept is failure, and it is worthwhile to attempt breakout trades because exceptional reward/risk ratios
Price Action Patterns | False Breakouts or Breakout Failures Read More »
Climatic patterns are extremely strong impulse moves in one direction without any counter price action movements such as corrections or retracements. On these types of formations a type of short-term mania sets in as emotional buyers or sellers chase the market in the same direction. At some point, market becomes extremely vulnerable to move in
Price Action Patterns | Climatic Patterns Read More »