DislikedAUDUSD Chart Example - M15 DEMAND ZONE See comments on chart........... Plus look at the price structure on M5 chart. Very clear supply zone that should hold if sellers in control and it did hold. {image} {image}Ignored
- No instant bullish reaction when the price touch the edge of the level : I guess you mean it's a clear strong rejection if price get's rejected from a supply/demand zone. Because I have read earlier that if price touches a zone and makes a consolidation zone that's a signal to wait for future direction.
- The bar that hit the zone is able to close inside the zone as engulfing : I am a bit confused about which bar you specifically are talking about in this.
- Deep retest of a zone ... : This I will keep in mind that if a supply demand zone get's tested deep inside than it may be a sign of weakness too. Because I have some knowledge about the engulf of the supply demand zone. But I never cared about the deep retest of zones.
Thanks a lot. I haven't been typing a lot but I guess the only way to learn is to indulge and express. Cheers!!!