Price rarely moves in one straight line from point A to point B. Consolidations and ranges are common price patterns and they can make it hard for traders to find trade entries or stay in trades. Knowing how to differentiate between different market phases and picking the right tools and concepts to make trading decisions is an important characteristic of a good trader.
In this article, we discuss technical analysis and the indicators that can help you analyze charts, highlighting their most important concepts in general. The strategies we introduce here may not be new to you as a trader, however, when used together in the right combination, you may be able to refine your process of execution and risk management.
Naked Charting and Price Analysis
At the core of all good