DislikedApplying new theories for the sake of understanding order flow without using the order book or volume, since we don't have that luxury in the spot market. What is happening here in the red ellipse? If anyone has thoughts, please share them. I'll share mine if you want me to. {image}Ignored
Answer: a rally and base, or a downside correction. For a scalper, the entry is on the demand zone, followed by a spike. It would be even better if it had taken liquidity below the demand zone.
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