Price action is a trading strategy that involves analyzing historical price movements of an asset to predict future price movements. Traders who use the price action method focus on the actual price movements of an asset rather than relying on indicators or other technical analysis tools. They believe that all relevant information is already reflected in the price and that studying price patterns, trends, and support/resistance levels can provide valuable insights for making trading decisions. Price action traders often use candlestick patterns, chart patterns, and trendlines to identify potential entry and exit points for their trades.

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