#TATip
On a clean break of a demand zone, you can expect it to serve as supply.
On a clean break of a supply zone, you can expect it to serve as demand.
Similar to how S/R flips work.pic.twitter.com/GcI6zo9zHo
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Not disputing what you're saying about demand turning into supply, but I often just look to the previous swing across for what to use - this supply for example This is what I put my stop loss above for example Thoughts?pic.twitter.com/UfVgiAfU68
Yeah, I had that marked too but for me, on the first return I try to look for an significant engulfed zone, and then on a second test I'll look for the most recent zone formed. Also, often times, there's confluence of both, the recent zones form in the vicinity of the engulfed.
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Ah fair enough. I mean I used that demand for adding weight to this level too - it was where the sell off happened to engulf that key demand. Just marked differently! Nice one
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Yeah, it's always a toss up b/w the two. Sometimes the best confluence is an engulfed zone on the 1D, with a recent fresh zone formed within that on the 4h.
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