“Price Action Trading is the discipline of making all of your trading decisions based on the actual price movement on the chart, as opposed to using lagging indicators for entry and exit.” Many short-term traders rely exclusively on price action and the formations and trends extrapolated from it to make trading decisions. Technical analysis as a practice is a derivative of price action since it uses past prices in calculations that can then be used to inform trading decisions. #bharatjhunjhunwala #priceaction #supportandresistance #demand #supply #optionstrading

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