What is Price Action Scanner - How to use Price action

Trading Room Price Action Scanner – How to use it

Trading Room launched World’s First LIVE Price Action Scanner to track Fibonacci Levels in 11 Periods & Price Trends in 8 Timeframes. The Scanner Tracks 300 Binance Cryptocurrency pairs in real-time across 8 timeframes = 2400 Charts & give you a complete view of where the market is moving in different timeframes.

The Live Fibonacci Scanner gives you Real-Time Pullback levels across 11 Periods. The Scanner is a game-changer and will help you reduce the screen time immensely & help you identify Trends & Top Movers quickly. Now you can get your life back and do a lot more instead of wasting your life on scanning hundreds of charts for a trade setup.

Check the announcement here: Price Action

Trading Room in Association with ChingasX arranged a LIVE Webinar to demonstrate different features of this tool. For those who couldn’t attend the Live Event, Here is the Video Recording. The event is organized by Trading Room & presented by ChingasX

Fibonacci Retracement is at the heart of the Price Action strategy. If you are not familiar with Fibonacci Retracement or if you want to further improve the knowledge, Trading Room is arranging free LIVE Training in association with ChingasX

Price Action Scanner – About Fibonacci Retracements:

Fibonacci Retracements are widely used ratios to identify Support & Resistance levels as well as potential reversal zones. The most popular among them is 38.2% which is widely used during strong trending markets. However, that’s mostly relevant for other Asset Classes. Crypto is peculiar and has the tendency for larger drops all the way to 61.8 & even 78.6%. We will talk about what to look for & how to effectively use Fibonacci Ratios for Trading. We will show you the basics of How to Plot Fibonacci & How to effectively use it like a Pro.

Join us for a LIVE Training on Thursday 7th Feb between 2.00 PM to 3.00 PM UTC

You can register here:

About ChingasX :

Chingas is quickly becoming a go-to educator and Technical Analyst on all forms of social media.  His roots have always been in the tech world from developing to building computers so the transition into Crypto was an obvious choice.  Like many, he found Bitcoin in early 2016 and dabbled in the concepts of mining and investing the following year.  It was 2017 when he discovered his passion for charting and TA and has since wanted to share all that he’s learned through the countless months of rigorous research and study.  He has expressed his teachings thru mediums such as YouTube, Bit.TUBE, Discord, and Twitter.  He’s put in the time, the effort and the work and has mastered how to turn that knowledge into an easy to understand format for traders and enthusiasts of all levels.




Price Action Scanner – About Trading Room: 

Trading Room is a Fintech Media company. We are innovating Technical Analysis tools & creating multiple platforms to help Traders & Investors to efficiently utilize their time to identify & execute Trade Setups. We intend to provide Free Education by using the Sponsorship, Advertising & Crowdfunding model. We will be using Google Adsense, as well as Direct Marketing.

For Advertising & Sponsorship inquiries, please contact advt@tradingroom.io

Legal Disclaimer: All Information & Technical Analysis Modules are based on Proven Tech Analysis methods and strategies. However, as always do your own research before taking any trading positions based on any online or social media posts including ours.

8 thoughts on “Trading Room Price Action Scanner – How to use it”

  1. Hi Tradingroom
    Can you please make sure to record the Fib Webinar. All the citizens of the EU countries are working at the time the webinar is scheduled. I think many people will appriciate it, so they can learn it and use the new platform even better.

    Have a good day

  2. Truly fantastic … congrats to one n all at Tradingroom on this amazing service .. n thx Chingas for the detailed intro … totally cool bro btw 😎

  3. Thank you so much for this, you make it understandable and I feel more confident in trying to learn more. I really appreciate the time you took.

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