Identifying horizontal demand zones (where buyers flock) and supply zones (where sellers reject prices).
Locate a strong, historically proven support zone. Wait: Let the price retest this zone on declining volume.
Price Action Trading - Technical Analysis Simplified Sunil Gurjar Official Site: Chartmojo Books price action trading sunil gurjar pdf
by Sunil Gurjar (founder of Chartmojo and Alphamojo ) stands out as a highly practical roadmap for navigating the financial markets . Instead of overwhelming retail traders with lagging, mathematical indicators, Gurjar introduces a clean-chart approach. This methodology relies strictly on price and volume movements to execute precise market entries and exits.
[Step 1: Identify Higher Timeframe Trend] │ ▼ [Step 2: Draw Key Support & Resistance Zones] │ ▼ [Step 3: Wait for a Pattern or Breakout Setup] │ ▼ [Step 4: Confirm Entry via Candlestick Rejection] │ ▼ [Step 5: Define Stop-Loss & Target (Risk:Reward)] Step 1: Multiple Timeframe Analysis Identifying horizontal demand zones (where buyers flock) and
Gurjar’s approach breaks market analysis down into a structural sequence. Rather than looking for isolated candle patterns, a trader must evaluate the market across three distinct pillars. 1. The Four Market Stages
Indicates rejection of higher or lower prices. Price Action Trading - Technical Analysis Simplified Sunil
Price Action Trading by Sunil Gurjar: A Comprehensive Guide to Chart Patterns and Market Structure
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