Price Action
Price action is a trading methodology that analyzes raw price movement without lagging indicators. Traders read candlestick patterns, support/resistance, and market structure directly from charts. It's based on the belief that price reflects all available information.
Understanding the Concept
• No indicators cluttering charts, just price and maybe volume • Focuses on candlestick patterns, swing highs/lows, and key levels • Requires significant screen time to develop pattern recognition • Works across all timeframes and asset classes
Real-World Example
A price action trader sees a strong bullish candle reject a key support level with a long lower wick. No indicators needed: they recognize this as buyers defending support aggressively. They enter long with a stop below the wick, targeting the next resistance level. The pattern tells the story.
How Strykr Helps
Strykr's AI monitors Price Action signals across 5,000+ assets in real-time. Get instant alerts when significant patterns emerge, with context about market conditions and confluence factors.
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