How to Trade Exhausting Price Action?
3 min readFeb 17, 2019
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Thought Process: The price of a stock or any other security rises when buyers are willing to buy at a higher price. As the price moves up, so does their profits. Traders in long positions track the prices carefully, and want each subsequent price candle to close higher. That does happen, but most of the time, what you will see is something like this:
