#NSE0082– Price Action Class
A Breakout Strategy involves identifying and trading opportunities when the price of an asset moves outside a defined support or resistance level with increased volume. This strategy is used to capitalize on significant price movements that often follow a breakout.
A Pullback Strategy involves entering a trade during a temporary reversal within a larger trend, aiming to profit from the resumption of the trend. This strategy allows traders to buy at a lower price in an uptrend or sell at a higher price in a downtrend.
A Reversal Strategy involves identifying and trading based on the anticipation that the current trend will change direction. This strategy aims to capture significant price moves when the market transitions from a trend in one direction to a trend in the opposite direction.
Pic Credit-MARKET INSIGHTS!
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