Does price action trading work on stocks?

[Karl Wolf]

[Rishabh Tyagi]

Price action is the pure way for analyzing charts and predicting the momentum. 

Price action trading is based on the analysis of historical price patterns, chart patterns, support and resistance levels, and other aspects of price movement without relying heavily on indicators or other external factors.

Just try to read the story the charts are telling you. It is reading the action of price where like from where it turned, from where it rose, how it is behaving near certain price level, at what levels price is sustaining. 

If you wish to learn more, we have some very insightful articles on price action trading;

Recognizing Patterns using Price Action: https://www.asktraders.com/learn-to-trade/technical-analysis/chart-types-pattern-recognition/ 

Guide to Price Action Trading: https://www.asktraders.com/learn-to-trade/trading-strategies/price-action/

Price Action Strategy, and Examples: https://www.asktraders.com/learn-to-trade/trading-strategies/price-action-trading-strategy/