: Price makes a new low, pulls back twice, and then breaks lower.
The manual, authored by "Mack" (Price Action Trading System), is a widely recognized guide focused on "pure" price action trading primarily using the E-mini S&P 500 futures. It emphasizes making decisions from "naked" price charts without lagging indicators, except for an Exponential Moving Average (EMA) to identify trend and dynamic support/resistance. Core Concepts of the Manual pats price action trading manualpdf patched
If you are looking for a strict checklist (e.g., "If A happens, then do B"), you might be disappointed. This is a methodology, not a rigid algorithm. It requires screen time and practice to develop the "eye" for the setups Pat describes. : Price makes a new low, pulls back