He forced his hands away from the mouse. He focused on the structure. The lower highs that had dominated the morning were gone. A new, higher low had formed. The "Price Action" was shifting its weight.
Suddenly, a green marubozu candle ignited on the screen. A large institutional buyer had stepped in. The price surged, reclaiming the EMA and blowing past his first profit target. Elias moved his stop to break even, the tension in his shoulders finally dissolving. Trading Price Action Reversals: Technical Analy...
He didn't catch the whole move—nobody ever does—but he caught the meat of the reversal. When he finally closed the position at a major resistance level, the room felt lighter. He forced his hands away from the mouse
He entered the trade, setting his stop-loss just ticks below the day’s low. A new, higher low had formed