Disliked{quote} HI AKT! Regarding this post I don't understand why is the curve DZ is considered demand since it didn't break any trend line neither removed supply. Or in the curve time-frame you just look for the imbalances?Thanks in advanceIgnored
It is an imbalance. It is not one that can be used as an area to set and forget a buy IF our goal is to initiate a long position. It will need confirmation.
It is able to be used for curve because of the curve but it would score badly if it were on your entry timeframe for example.
It serves as a reference for where anyone who shorts should consider pulling profits off the table.
What can't happen is that we can't totally ignore that level like it is not there.
The only reason price rallied from there is because D>S
Best wishes
Be careful what you think because your thoughts run your life..Solomon