Trading Price Action Reversals: - Technical Analy...
Suddenly, a green marubozu candle ignited on the screen. A large institutional buyer had stepped in. The price surged, reclaiming the EMA and blowing past his first profit target. Elias moved his stop to break even, the tension in his shoulders finally dissolving.
He forced his hands away from the mouse. He focused on the structure. The lower highs that had dominated the morning were gone. A new, higher low had formed. The "Price Action" was shifting its weight. Trading Price Action Reversals: Technical Analy...
He wasn’t looking at the news or the panicked talking heads on the television. He was looking at the tape. He was looking for the exhaustion. He noticed the volume spiking—a climactic surge that often signaled the final, desperate push of the sellers. "Patience," he whispered to the empty room. Suddenly, a green marubozu candle ignited on the screen
