Monday, November 16, 2015

What is Price Action

The motion of a protection's rate. Charge motion is encompassed in technical and chart sample evaluation, which attempt to locate order within the once in a while reputedly random movement of charge. Swings (high and low), checks of resistance and consolidation are some examples of rate movement.

The candlestick and price bar are critical equipment for analyzing rate action, due to the fact that they help traders visualize of rate movement. Candlestick patterns along with the Harami, engulfing sample and cross are all examples of visually interpreted charge motion.

2 comments:

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