Price Action To Know When To Buy Technical Analysis For Beginners #shorts #sharemarket #priceaction

New traders often get trapped because they don't know when to focus on buying, when to focus on shorting, or when to remain neutral and avoid trading. This video shares a simple price action trick to help with this.

To identify buying opportunities, observe when a chart starts moving from a support level, and after a good move, if it retests but doesn't reach the previous support level, turning upwards instead. This indicates strong demand from buyers.

This process of strong demand leads to the formation of higher highs and higher lows. When a chart is strong, it will consistently respect support levels and break out of resistance levels, indicating sustained strength.

The video concludes by stating that the next part will explain how to identify weakness in the chart.