A price level where selling interest overcomes buying pressure, halting an upward climb and turning the price downward.
Candlesticks tell the story of the session. Key patterns often discussed in Sunil Gurjar’s webinars include: Signals price rejection. Engulfing Patterns: Signals a total shift in momentum. Inside Bar: Signals consolidation before a breakout. 3. The Sunil Gurjar Approach: ChartSanskriti Insights price action trading sunil gurjar pdf
: Horizontal zones drawn across historical swing highs and swing lows. A price level where selling interest overcomes buying
Sunil Gurjar has authored several books on technical analysis and price action trading, published in multiple languages to reach a wider audience. The most notable titles include: Engulfing Patterns: Signals a total shift in momentum
: He emphasizes patterns like the Hammer, Shooting Star, and Engulfing patterns to spot potential market turns.
Look for a reversal pattern (like a pin bar) at that level.
Understanding how to read candles is paramount in his methodology. He focuses on: