1. Purpose of the Summary

From Lesson 6 to Lesson 13 in the series, we have explained the core elements of price action analysis based on the flow of funds from institutional investors.In this summary, we will organize what we have learned so far and integrate the dispersed knowledge into a single strategic thinking framework.
We will also lay the groundwork for applying volume profile in future volumes of work.

2. Principles of the Market's Basic Movements

2.1. Resistance becomes support, and support becomes resistance (Lesson 6)

• When strong resistance is broken, that resistance often reverses to function as support.
  
  

• Conversely, when support is breached, that level becomes a new resistance.
  
  

This is a fundamental rule of market structure and a key concept when institutional investors build positions and move prices.

2.2. Open Drive Strategy (Lesson 7)

• Refers to a strong price advance in the first 15–30 minutes after the market opens in a clear direction.
  
  

• This is a strong signal that the market is being driven by positions pre-loaded by institutional investors.
  
  

Characteristics:

• Few to no pullbacks, with long-bodied candles appearing in succession.
  
  

• Often accompanied by high volume.
  
  

• Breaks through important support/resistance immediately.
  
  

3. Strategies Applying Three Institutional Investor Behaviors

3.1. AB=CD Pattern (Lesson 8)

• Prices tend to form waves of equal length and duration; this pattern is effective for forecasting reversal or continuation points.
  
  

• Combining with support/resistance turns or breakouts increases reliability.
  
  

3.2. Session Open Strategy (Lesson 9)

• At the start of trading sessions such as Tokyo, London, and New York, liquidity and volatility concentrate.
  
  

• The first 1–2 hours are critical for breakouts or reversals.
  
  

3.3. Daily Open Strategy (Lesson 10)

• Serves as the reference price level for many traders during the day.
  
  

• Used to identify fake breaks and double tops/bottoms.
  
  

• When combined with volume, the true direction becomes clearer.
  
  

4. Price Reactions at Important Levels

4.1. Daily and Weekly Highs and Lows (Lesson 11)

• Where many retail stop-loss and profit-taking orders cluster.
  
  

• Institutions use this to attract liquidity, trap and create trends.
  
  

4.2.Strong Highs/Lows (Strong Swing ) and Weak Highs/Lows (Weak Swing ) (Lesson 12)

• Strong swings feature long wicks and sharp rebounds, with pronounced institutional presence.
  
  

• Weak swings include many tests with smaller candles and are easier to break through.
  
  

4.3. Failed Auction (Uncompleted Auction) (Lesson 13)

• Markets remain unsettled because there is no last buyer or seller.
  
  

• Prices tend to return to that zone to complete the auction.
  
  

5. Strategic Thinking Framework Incorporating Institutional Movements

6. Summary and Next Issue Preview

From Lesson 6 to Lesson 13, we have learned about price structure, institutional traders' tactics, and how to identify key support and resistance.
This enables us to read not just candlestick shapes but the flow of funds.

Lesson 6:https://www.gogojungle.co.jp/finance/navi/articles/94146

Lesson 7:https://www.gogojungle.co.jp/finance/navi/articles/94153

Lesson 8:https://www.gogojungle.co.jp/finance/navi/articles/94154

Lesson 9:https://www.gogojungle.co.jp/finance/navi/article/preview

Lesson 10:https://www.gogojungle.co.jp/finance/navi/article/preview

Lesson 12:https://www.gogojungle.co.jp/finance/navi/article/preview

Lesson 13:https://www.gogojungle.co.jp/finance/navi/article/preview