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Mastering Price Patterns and Formations: Analyzing the Market Depths via Naked Price Charts by Momoh S.O is a trading guide focused on understanding price patterns and formations as essential tools for profitable trading. The book asserts that consistent profitability in the market is not achievable without mastering these patterns, which serve as predictive tools revealing past, present, and future market behavior.
Key points covered in the book include:
Detailed explanation and identification of various price patterns and formations, including both continuation and reversal patterns.
Techniques to analyze and trade these patterns efficiently and profitably using naked price charts (charts without additional technical indicators).
The idea that price patterns are the best trading edge and discount all market information, surpassing the need for complex strategies, signals, or trading indicators.
Practical guidance aimed at traders to decode market behavior deeply through price action alone.
With 166 pages, the book is targeted at traders who want to develop mastery in reading price charts to improve trading accuracy and profitability without relying on extra technical tools. It was published recently in January 2025, independently.
This volume is positioned as a comprehensive resource for anyone seeking to understand and trade the markets effectively by focusing solely on price patterns
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