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Price Action Signals and Trends

Price Action Signals and Trends

📚 Educational Post: 

📈 Price Action Signals and Trends

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Price Action paints the picture on the charts. The candles represent the collective opinions and psychology of all market participants in that given time period. The price moves in waves as it represents the back and forth of buyers and sellers. 

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In the picture above you can see the selling pressure and nice push to the downside. After some time we got the necessary correction, which recovered some of the previous move.

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✅ The corrective upside movement went to an area of multiple confluence and formed Price Action Sell Signal. This Pinbar at the 61,8% Fibonacci retracement level was the sign of bearish continuation.

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🧠 Learning how to read the price that is painted on the chart the way to go. This is what you will learn in the ROMAC Trading Course. A step-by-step video course to accelerate your growth as a technical trader.

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