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Price action  signifies the movement of a security’s price plotted over time. This movement is formed in accordance with the changes in price in recent past. Price action is a technique which allows a trader to observe the market and devise trading decisions as per the price movements, rather than depending on technical indicators. It is the basis for all technical analysis of a commodity, stock or other asset chart. Technical analysis  predicts the price of the share market through historical data like price and volume. Most investors use fundamental and technical analysis to make trading choices. Price action is the best way to study technical analysis. Price action trading  doesn’t focus on the factors that influence the market’s movement, rather it looks at the history of the market price. Price action trading is often called “pure” form of technical analysis because it doesn’t include any second hand price-derived indicators. It emphasis on the first-hand data of share market. A l