One thing about how to validate a supply or a demand area. You will start seeing SD areas all over, even in your lunch, you will start drawing imaginary SD areas when looking at the buildings or your girlfriend/wife.
Here is a tip, which I believe is crucial for drawing correctly the SD zones. I use this always to validate a supply or a demand are on ANY timeframe.
1. A supply area will only be a supply area IF it makes a lower low and absorbs previous low (see screenshot)
2. A demand area will only be a demand area IF it makes a higher high and absorbs previous high, (imagine it the opposite way, make your grey matter work )
Hope this helps!
Alfonso
Here is a tip, which I believe is crucial for drawing correctly the SD zones. I use this always to validate a supply or a demand are on ANY timeframe.
1. A supply area will only be a supply area IF it makes a lower low and absorbs previous low (see screenshot)
2. A demand area will only be a demand area IF it makes a higher high and absorbs previous high, (imagine it the opposite way, make your grey matter work )
Hope this helps!
Alfonso
Set and Forget supply and demand trading community