Hello lj, can you please explain what are the differences between rejection and consumption from/of SD zone? How do you judge rejection from consumption because when price reject from a demand zone, demand is also being consumed? Refer to chart below.
Thanks a lot!
Thanks a lot!
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Essentially all I'm looking for is:
1. Rejections from supply and demand
2. Consumption of supply and demand
That is all price action boils down too - interpreting whether price is being rejected from supply or demand or whether it is consuming it.Ignored