Price Action Strategy Tutorial PDF
Types of Price Action Signals
The List of Candles Trading Price Action Patterns and Price Action Strategies used in xauusd
Doji Types of Price Action Signals
Doji is a candlestick price action pattern price action pattern with the same opening and closing price. There are various types of doji candles price action patterns price action pattern which form on charts.
following examples show various price action price action patterns of the doji candle:
Long-legged doji candle price action pattern has long upper and lower shadows with the opening and closing price at the middle. When Long legged doji appears on a chart it indicates indecision between traders, the buyers and the sellers.
Below is an example of Long Legged Doji candlesticks price action setup
Doji Chart Price Action Setup - Doji Types of Price Action Signals - Price Action Strategy Tutorial Guide
Doji Chart Price Action Setup - Doji Types of Price Action Signals
Marubozu Types of Price Action Signals
Marubozu candle price action pattern are long candlesticks which have no upper or lower shadows, Like shown below.
Marubozu Candlesticks - Marubozu Types of Price Action Signals - Price Action Strategy Tutorial Guide
Marubozu candle price action pattern are continuing candle price action patterns that show price is going to continue in same direction as that of marubozu candlestick. The marubozu candles price action pattern can be white/blue or black/red depending on the direction of the trend.
Spinning Top Candlesticks Types of Price Action Signals
Spinning tops candle price action pattern have a small body with long upper and lower shadows. The spinning top candles price action patterns are referred to by this term because these candles formations are similar to spinning top on a match-stick.
The upper & lower shadows of the spinning top candles price action pattern are longer than the body. The example illustrated & shown below shows the spinning tops candle price action setup. You can look for the price action pattern in your MetaTrader 4 Platform charts. The example illustrated & shown below shows a screen-shot to help traders when it comes to learning & understanding these candle price action setup.
How Do I Read Candle-stick Charts - Spinning Tops Types of Price Action Signals - Price Action Strategy Tutorial Guide
Color of the spinning tops candle-stick candles price action pattern isn't very important, this formation show the indecision between the buyers & sellers in the market. When these chart price action patterns appear at the top of a trend or at the bottom of trend it may signify that the trend is coming to an end and it may soon reverse and begin moving the opposite direction. However, it is best to wait for confirmation signals that direction of a trend has reversed before taking the signal from the candle price action pattern formation.
Hammer Candlestick Setup & Hanging Man Candlestick Pattern Types of Price Action Signals
Hammer Candlestick Setup & Hanging Man Candlestick Pattern candlestick look alike but hammer is bullish reversal candle price action pattern & hanging man is a bearish reversal candle price action setup.
Hammer Candlestick Pattern & Hanging Man Candlestick Setup - Types of Price Action Signals
Hammer Candle Types of Price Action Signals
Hammer candle price action pattern is a potentially bullish candle price action pattern that forms during a downwards trend. It's named so because the market is hammering out a market bottom.
Hanging Man Candlestick Types of Price Action Signals
This hanging man candle price action pattern is a potentially bearish reversal trading signal which forms during a upward trend. It's named so because it resembles a man hanging on a noose up high.
Hanging Man Candle Setup
Inverted Hammer Candlestick Types of Price Action Signals
This is a bullish reversal candle price action setup. It forms at the bottom of a trend.
Inverted hammer candle price action pattern forms at the bottoms of a down trend & indicates the possibility of a market reversal of the downward trend.
Inverted Hammer Candlestick Pattern - Types of Price Action Signals - Price Action Strategy Tutorial Guide
Shooting Star Candlestick Types of Price Action Signals
Shooting Star is a bearish reversal candle price action setup. It forms at the top of a trend.
Shooting Star candle price action pattern occur at the top of an up trend in the market where the open price is same as the low and price then rallied up but was forced back downward to close near the open.
Shooting Star Candlestick - Types of Price Action Signals
Piercing Line Candlestick Types of Price Action Signals
Piercing line candle price action pattern is long black body followed by long white body candle.
White body pierces the midpoint of the prior black body.
This Piercing Line candle price action setup is a bullish reversal candle price action setup that occurs at the bottom of a market downward trend. It shows that the market opens lower and closes above the midpoint of the black body.
This Piercing Line candle price action setup highlights that the momentum of the down trend is reducing and the market trend is likely to reverse & move in an upward direction.
This Piercing Line candle price action pattern is displayed referred to as a piercing line signifying the market is piercing the bottoms showing a market floor for the price downward trend.
Piercing Line Candlestick Setup - Types of Price Action Signals
Dark Cloud Cover Candlestick Types of Price Action Signals
Opposite of piercing candle candlestick.
This candle is a long white body followed by a long black body.
Black body pierces the mid point of the prior white body.
This is a bearish reversal price action pattern that forms at the top of an upward trend.
Dark Cloud candle price action pattern that the market opens higher & closes below the midpoint of the white body.
Dark Cloud candle price action setup highlights that the momentum of the up trend is reducing and the market trend is likely to reverse & move in a down ward gold trading direction.
Dark Cloud candle price action pattern is shown known as a cloud cover signifying the cloud as a ceiling for the price upward trend.
Dark Cloud Cover Candle Setup
Morning Star Candle Types of Price Action Signals
Morning Star Candle Setup - Types of Price Action Signals
Evening Star Candlestick Types of Price Action Signals
Opposite of the morning star candles price action setup
Evening Star Candlestick Setup - Types of Price Action Signals
Engulfing Price Action Pattern
Engulfing is a reversal candle price action pattern that can be bearish or bullish depending upon whether it appears at the end of a market down trend or at the end of a market upward trend.
Bullish & Bearish Engulfing Price Action Pattern - Types of Price Action Signals
Candle Trading Price Action Patterns PDF - Candlestick Trading Price Action Patterns Explained
The List of all Candlestick Price Action Setups - Types of Candlestick Price Action Patterns Discussed
