theolove2021
New member
In the chart you can see a demand zone (broad support level) and a supply zone (broad area of resistance).
What we want to find at the price zones where supply overwhelms demand and where demand overwhelms supply.
The former is known as SUPPLY ZONES. When the market bumps into SUPPLY ZONES, the price will drop. Then, you can make money by shorting the market.
The latter is market DEMAND ZONE. With the support of demand, the price will rise. Then, you can profit in a long position.
IF the supply zone is broken it becomes a demand zone, pullback test from demand zone you can go long.
To your success,
Theophilus S.