Lets continue to Price Action series with more strategies! For previous articles please feel free to read them from here :
5 Easy Price Action Strategies
Trends! (ultimate Price Action Guide)
MOMENTUM!(Price Action Guide)

Deep Pullbacks vs Shallow Pullbacks!

A pullback to %50 or more of the current lef of the trend, is known as a deep pullback which is a higher quality pullback entry because you are getting in at a great area of value during a moving trend.

Deep and Shallow Pullbacks

Deep Pullback

Deep Pullback

You are getting into a trade ''with'' moving trend ''at'' a great area of value, meaning value buyers will look to take advantage & enter at hese areas as well which creates additional reversal momentum for the trade to continue in the larger trend direction.

Shallow Pullback

Shallow Pullback

Shallow pullback when paired with key levels are still good trade setups but when deciding between a deep pullback trade setup versus a shallow pullback trade setup, we would take the deep pullback trade as it is the higher quality trade setup.

CHART PATTERNS

Chart Patterns

We use chart patterns, or what we call consolidation patterns, to help identify trend continuations versus trend reversals.

DESCENDING TRIANDLE PATTERN

DESCENDING TRIANDLE PATTERN

Where price makes lower highs but takes momentum from the same lower levels. After the breakout the trend will be setted.

ASCENDING TRIANGLE PATTERN

Triangle Patterns

Where price makes the same highs but takes momentum from the higher low levels. After the breakout the trend will be setted.

CHANNEL PATTERN

This pattern shows price moves within a certain range and looking for a breakout. Again the price goes up and dow to the same high and low levels several times. After the breakour trend is setted

Channels

Chart patterns represent indecision and in-fighting between buyers and seller and the side that wins is the side that the pattern breaks on.

Hope you have liked it!