Sentences with phrase «means price action patterns»
Ed also talks about chart patterns, which to me means price action patterns, which obviously you know I am a huge proponent of.
http://www.learntotradethemarket.com/ Not exact matches
However, that does not mean that we can not scan for price action patterns.
Other methods often become a matter of memorizing multi-bar or single bar patterns and their meaning as opposed to understanding what thought process lies behind that price action.
In layman's terms, that just means by learning to spot price action patterns you can get «clues» as to where the price of a market will go next.
This means there are a number of repetitive patterns that are easily recognizable to the trader who is trained in price action analysis.
Triangle patterns are consolidation patterns that act as midpoints in a trend, which means the price action that preceded it can be used to forecast where the Ethereum coin price is heading.