**Price Action Trading: A Simplified Approach**

Price Action Trading (PAT) is a strategy where traders analyze historical price movements to make trading decisions. This approach eliminates reliance on indicators, focusing instead on candlestick patterns, support and resistance levels, and chart formations. By studying pure price movement, traders can identify market trends, reversals, and potential breakout points.

A key aspect of PAT is understanding candlestick patterns like Doji, Engulfing, and Hammer, which provide insights into market sentiment. Combined with tools like trendlines and Fibonacci retracements, price action helps traders develop a deeper understanding of market dynamics.

Unlike indicator-heavy strategies, PAT emphasizes real-time market behavior, making it suitable for all timeframes and asset classes. Whether trading forex, stocks, or commodities, mastering price action equips traders with a robust method to navigate volatile markets. With discipline and practice, it empowers traders to make informed decisions and maximize profitability.