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)
Price Action#4

Where Price Is Coming From

You should always look left and look to where price is coming from because this tehcnique allows you to see the bigger pictore and to see where price and momentum is truly headed.


Always look for the trend!


You had a clear recent long trade setup right before, through the long wick candle at a very key support level. This creates upwards bullish momentum and a long bias.

So if you entered this short trade here, you are going against where true momentum is heade, and true momentum is bullish and upwards.

Stacking High Quality Traits

The best trade setups are the ones where you have a lot of high quality traits baked into them because the higher the trade quality, the higher the probability of the trade going in your favour and moving a greater distance.

Price Action Psychology Behind Stacking High Quality Traits

For more

The best trade setups are the ones where you have a lot of high quality traits baked into them. The higher the trade quality, the higher the probality of the trade going in your favour, but more importantlu moving a greater distance so you can make a good return on the trade.

All the high quality traits this short trade setup had baked in

The total of 7 traits shows the strong short setup at the market.

All the high quality traits this long trade setup had baked in
The total of 7 traits shows the strong long setup at the market.

For more :
https://www.youtube.com/watch?v=cZWliAtswLk