1. Presentation on Price Action Analysis
Technical Analysis
Presentation on Price Action Analysis
By Sudeep Tiwari

2. Why Price Action Analysis ?
Kiss Principle : The ‘KISS’ principle states that most systems work best if they are kept simple rather than made complicated;therefore simplicity should be a key goal in design and unnecessary complexity should be avoided.
Supremacy of Price : Price movement is capable to reflect the movement of the market.
History Repeats Again : Some chart patterns tend to repeat themselves.

3. Various Price Action Analysis Techniques
Trades From Supports & Resistance with confirmation. (My favourite)
Breakouts of Support and Resistance.
Trend Line Breakouts After Confirmation. (My Favourite)
Price Pattern Breakouts i.e.; Double Top, Double Bottom, Head & Shoulder Pattern, Saucer, Flag & Pennants, Triangles, Wedges etc.
Pullbacks after Breakouts.(My Favourite)
Failure Breakouts. (My Favourite)
Candlestick Patterns.
Point & Figure Patterns.
Divergence.(My Favourite)
Stop & Reverse.

4. Failure Breakouts
Failures breakout of Important support and resistance.
Failure of price patterns.
Failure of important candlestick patterns.

5. Failure of Price Patterns Breakouts
Price patterns are very popular in technical analysis, because of the risk reward ratio.
But the accuracy of price patterns are not too high. Specially patterns like double top and double bottoms fails frequently.
Only few patterns like head & shoulder, wedges, channels and saucer gives good accuracy.
But the failure of these price patterns gives very successful opportunity to trade.

6. Example : Failure of Price Patterns Breakouts

7. Example: Failure of Price Pattern Breakouts

8. Example : Failure Of Price Pattern Breakout

9. Example: Failure Breakouts of Price Paterns

10. Trade Divergence Through Price Action
Divergence forms because of accumulation or distribution.
So breakouts after divergence works more accurately than any other condition.
Divergence also produces opportunity of top and bottom fishing.
Price action is capable to identify regular, hidden and slant divergence.
No indicator is required to identify divergences.

11. Regular Bearish Divergence Through Price Action
Bearish Divergence(By Oscillator)
Bearish Divergence(By Price Action)

12. Regular Bullish Divergence Through Price Action
Divergence through oscillator
Divergence through price action

13. Go Mechanical : Stop & Reverse
Stop & Reverse is a very popular concept of mechanical and algo trading.
Various technical indicators i.e. parabolic sar, supertrend and moving averages are used in mechanical trading.
Price action analysis gives more accurate opportunity of stop & reverse trading.

14. Go Mechanical : Stop & Reverse

15. Go Mechanical : Stop & Reverse