Disliked{quote} A little hard to follow but I think I figured it out. Nice!Ignored
There is really nothing here to figure out.
There was no nefarious motive involved here. I simply wanted to show some Conviction Zones being respect through out the day.
Now, if there was some hidden meaning to be ferreted out, it would have to do with entries. I have long said two things:
1. It's what you want to see; where you want to see it.
2. Support/Resistance and Supply/Demand zones are not trade signals.
So all those nice "bounces" really mean nothing, if a trader does not have an entry signal that appears within the price action of said bounces.
Again, no nefarious intent is being made here, but I have attached a screen shot. I have used Sierra Chart and the 6E futures contract. The question I pose to my PIE brothers and sisters, is how would you get into this trade?
Wyckoff VSA: (1) Supply & Demand (2) Effort vs. Result (3) Cause & Effect