In the today's post, we will discuss the essential element of price action trading - a pullback.
There are two types of a price action leg of a move: impulse leg and pullback.
Impulse leg is a strong bullish/bearish movement that determines the market sentiment and trend.
While a pullback is the movement WITHIN the impulse.
The impulse leg has...
Hey traders,
As you asked me, in this educational post we will discuss some price action basics.
No matter whether you are a fundamental trader or a technical trader you should be able to execute trend analysis.
You should always know where the market is going, if it is bullish or bearish.
One of the simplest ways to execute trend analysis is to...
Learn how to identify consolidation.
Price action based rules.
Directional bias & trading strategy explained.
3 states of the market explained.
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