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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:
- Why do most traders trade in technical analysis?
- How to use Price Action in trading
- Key trading principles without indicators
- Which Price Action patterns are profitable?