Price action is also one of the easiest and most used strategies by the traders around the world.
It is very important to understand the Language of the market to be a good trader. and only price action can speak the language of the market.
The picture defines this strategy very well. luckily we find both strategies on one chart AUD/USD.
Talking about the strategy is very simple and easy but you must know about price action.
The must know the types of candles and how they work. Every candle has its meaning.
You can see a large candle with a very big wick which means the sellers lose their momentum and the buyers are controlling the market now.
A Big candle with big wick surely shows that the price is going to change its direction
And it is the best place to order a buy trade and it is 100% confirmed.
We took a trade and in a few hours, the market reached our target it shows a great trade with a very easy strategy.To learn more,check out the link in bio or send me a private message
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