Some common price action strategies include: Trend trading: This involves identifying the direction of the trend and trading in the same direction. Support and resistance trading: This involves identifying key support and resistance levels on a chart and trading based on how price reacts to these levels. Breakout trading: This involves identifying key levels where price is likely to break out of a range and trading based on the direction of the breakout. Price action trading can be used in conjunction with other technical analysis tools, such as moving averages or trend lines, but the focus is on the price movement itself. Price action traders often rely on their own experience and intuition to make trading decisions, rather than relying on automated systems or indicators.