Jesse Rogers breaks down five price-action patterns every trader should know: fair value gaps, engulfing candles, swing failures, break-and-retest moves, and rejection wicks. Master these and you'll trade better than most.
These five patterns show up every single day and if you can spot them, you'll understand the markets better than most traders. Here is what they are. 1. Fair value gaps When a candle moves so fast that it leaves gaps between the wicks, this shows strong and directional movement. 2. Engulfing candles when a candle's body completely swallows the previous candle, this shows one side taking complete control. 3. Swing failures when price takes out a high or a low and immediately reverses, this creates momentum for the next move for a break and retest. When price breaks a level, pulls back to it and then continues. This confirmed that the levels flipped. 5. Rejections long wicks A key level showing price tried to push through but then got rejected. This signals potential reversals. Master these five patterns and you'll know the market better than 90 of traders. Now save this so you can study it again and again.
