Cyclical & Repetitive Price Action Behavior

I had an excellent conversation with a seasoned day trader who has over 30 years of experience. Something he said really changed my perspective. He mentioned that the Price Action Algorithm is very repetitive and predictable—up to a point—if you know what the typical signs are. Key concepts include Swing High and Swing Low, Break of Structure (BoS), Change of Character (ChoCH), and Internal Liquidity (such as Fair Value Gaps and High/Low Sweeps). If you pay attention to the higher time frames, everything becomes much clearer. Just remember: it's all repetitive and cyclical. This mindset will always help keep things simple.

Happy trading, my friends!