chartical Training – Part 20 Not so long ago, when the economics was limited to Classical Finance, capital market participants had to use a variety of analytical methods to operate in these markets. In the meantime, some people have gradually realized that they can have a clear understanding of price movements without using patterns, indicators etc. Then the use of old methods became less common until, for the first time in the world, a man named Richard Wyckoff proposed the Price Action method based on the principles of economics and social sciences. In this video, we briefly review the history of the Price Action method.
As the price progresses in the chart, several swing highs and lows are formed. We talked about them in detail in the previous videos. In