Here I have built up a strong article and chart where We can spot the strong Institutions behavior . Specially where we have seen strong Institutions and smart money behavior.
There is not denying the fact that some areas are of utmost importance and when those areas hold there has to be a strong logic or meaning of price breaking or faking the zone. In such cases, we should watch the behavior with second test and consumption of supply and demand.
This Chart clearly is an example of that trading is not a science, it is an art which can be master by strong conviction and dedication in understanding what Charts are trying to tell not what other factors or factor that decided the nature of price action Movement.
Price Action itself is a term defined for reaction to a particular zone, It is not a combination of several candle or candles, where we see pinbars or set of rejection candles fitting well into context then we must see strong decisions based on the after the rejection happen.
In this chart in itself, we see some strong rallies which complete ignored and when such rallies are ignored, there are strong set of pending orders or buckets remain unfilled, and when price retest it again and that rejection is strong then opposite demand of supply is tested and when it got faked then there is reaction that is needed at the supply and that is what exactly makes me a chart lover, when everything happens with such strong synchronization.
Take a look at the chart first,
Where we can spot such behavior, we should first see how price behaves price completely turned from the zone, and when price tries to retest does it clear all demand buckets, the answer is yes, because strong demand off the bottom is tested and fakeout . The last point is rejection and it itself is a strong one, which should be the point of real concern when it faked out the high previously and recent swing high.
There is not denying the fact that some areas are of utmost importance and when those areas hold there has to be a strong logic or meaning of price breaking or faking the zone. In such cases, we should watch the behavior with second test and consumption of supply and demand.
This Chart clearly is an example of that trading is not a science, it is an art which can be master by strong conviction and dedication in understanding what Charts are trying to tell not what other factors or factor that decided the nature of price action Movement.
Price Action itself is a term defined for reaction to a particular zone, It is not a combination of several candle or candles, where we see pinbars or set of rejection candles fitting well into context then we must see strong decisions based on the after the rejection happen.
In this chart in itself, we see some strong rallies which complete ignored and when such rallies are ignored, there are strong set of pending orders or buckets remain unfilled, and when price retest it again and that rejection is strong then opposite demand of supply is tested and when it got faked then there is reaction that is needed at the supply and that is what exactly makes me a chart lover, when everything happens with such strong synchronization.
Take a look at the chart first,
Where we can spot such behavior, we should first see how price behaves price completely turned from the zone, and when price tries to retest does it clear all demand buckets, the answer is yes, because strong demand off the bottom is tested and fakeout . The last point is rejection and it itself is a strong one, which should be the point of real concern when it faked out the high previously and recent swing high.
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