#TATip | Supply & Demand
A short primer on one of the most fundamental aspects of trading.
i) Premise
ii) Types
iii) Identification
iv) Factors of Strength
v) Trading
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Is there a reason why you don’t include the upper wick in the demand OB and lower wick in the supply OB? Or just preference?
Just preference. It's completely discretionary. Some use the full candle, some only the bodies. My reasoning behind it is that if there's a lower wick, price was pushed up, that means there's demand there. Viceversa for upper wicks. Also, I prefer using the wicks to manage risk
