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Main patterns of PA✔️
There are a lot of PA models are described, it is difficult to reveal everything on graphics especially as sometimes they appear nearby and contradict each other. It is especially dangerous if to consider that Price Action indicators shall specify to the trader the most profitable direction of an entrance to the market.
There are no universal tools for recognition, and popular options show the strongest combinations, such as PIN-Bar, Internal Bar and Model of Engulfing - graphic schemes of these patterns are shown below.
After emergence of model it is enough to open the schedule of an asset, to check a trend and presence of strong price levels then to make the trade decision.
On the periods below H1 the use of any RA patterns is ineffective!
