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Price Action is one of promising branches of technical analysis inthe basis of which is the methodology for assessing price behavior without the use of indicators. Price Action trading involves making decisions only on the basis of the price movement of a financial instrument. At the same time, price is the only true source of information, and technical indicators are not used. One of the methods of Price Action is the analysis of price patterns.
After watching this video you will learn:
- Key features of the pattern
- How the figure is formed
- How to enter a deal using a pattern
- Examples of tests for fixing material