Classic Price Action Trading Daily Review List

Inspired by classic technical analysis and modern educators like Dr. Al Brooks, Ali Moin-Afshari, Edwards & Magee and others.

Trend lines

Trend lines

Bear trend line is above

Bull trend line is below

Draw from spike vs draw from 1st pullback along channel

Trend lines

• Stick with Always in Direction

• Fade the CT (pullback)

Trend line break

When can you fade them?

What if you got stuck? How to manage it?

5 Min Chart

Trend channel line

Bull draw above

Bear draw below

(show overshoots)

5 Min Chart

Trend channel line break

Home to exit or trade reversal?

5 Min Chart

Double top

Neckline MM down

5 Min Chart

Double top failed

Sideways or MM up?

5 Min Chart

Double bottom

Neckline MM Up

5 Min Chart

Double bottom failed

Sideways or MM Down

5 Min Chart

Wedge top

2 legs sideways to down

Is the wedge trend or counter-trend?

Did it break a trend line?

5 Min Chart

Wedge top failed

MM Up

Test later on

5 Min Chart

Wedge bottom

2 legs sideways to up

Is the wedge trend or counter-trend?

Did it break a trend line?

5 Min Chart

Wedge bottom failed

MM Down

Test later on

5 Min Chart

Reasonable buy the close / sell the close

5 Min Chart

Reasonable buy the close / sell the close failed

5 Min Chart

Reasonable buy on a stop above / sell on a stop below

5 Min Chart

Reasonable buy on a stop above / sell on a stop below failed

Always In

CSC good bars

Consecutive bull bars good size closing on high and at least one above MA

Consecutive bear bars good size closing on low and at least one below MA