Price Action Trading: How to Read Market Structure Without Too Many Indicators
In short: Price action trading is the study of raw price movement on a chart, rather than signals from indicators. Traders read market structure, meaning the sequence of swing highs and lows, together with support and resistance zones and candlestick behaviour, to describe what buyers and sellers are doing. The approach is flexible, but it is also subjective, and two traders can read the same chart differently.