Tuesday, October 1, 2024

3 Best Price Action Patterns for Ranging Markets

Hey Trader,

When trading ranging markets, you'll find three key price action patterns that are particularly effective: pin bars, inside bars, and the head and shoulders pattern.

Pin bars signal potential reversals at support or resistance levels, while inside bars create opportunities for breakout trades in consolidating markets.

The head and shoulders pattern captures shifting buyer/seller dynamics, often leading to significant trend changes.

Combining these patterns with volume analysis allows for a higher probability trade and identifies support and resistance levels. 

If you want to learn more about this, check out today's article by hitting the link below:

>> 3 Best Price Action Patterns for Ranging Markets

Enjoy it!

Mark Soberman
NetPicks

 

 

 
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