Mavenz Academy

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Price Action Analysis

Meeting date January 8, 2024 7:00 pm
Password: Price@qwe
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Price action analysis is a trading lesson that teaches you how to read and interpret the movements of the market based on the price changes of the assets. You will learn how to identify and use support and resistance levels, which are the key areas where the price tends to bounce or break. You will also learn how to recognize and trade price action patterns, which are the shapes and formations that the price makes on the chart. You will understand the concept of trend and trend lines, which are the direction and slope of the price over time. You will also learn how to spot and trade engulfing patterns, which are the candles that completely cover the previous ones, indicating a reversal or continuation of the trend. Finally, you will learn some price action strategies, which are the rules and guidelines that you can apply to your trading decisions based on the price action analysis.