Observe the red supply zone where price consistently faces resistance, halting upward moves with precision. The green demand zone, formed after a decisive breakout from prior resistance, now acts as robust support for subsequent bounces. The white counter trend line serves as the pattern's key action line, guiding price movements with remarkable adherence across multiple tests.
Zone Dynamics
Supply zones in red mark areas of overhead selling pressure on weekly charts, often leading to rejections. Demand zones in green emerge post-breakout when former resistance flips, attracting buyers on retracements. These zones filter noise effectively in trending markets.
Counter Trend Line Role
This white line defines the counter-trend structure, respected through pullbacks and rallies. Price follows it as a dynamic guide, confirming pattern integrity without implying direction. Such lines enhance zone analysis by highlighting momentum shifts.
Disclaimer
This post showcases historical price action only and constitutes neither financial advice nor trading signals. Trading involves substantial risk of loss; conduct your own analysis and consult professionals.
Zone Dynamics
Supply zones in red mark areas of overhead selling pressure on weekly charts, often leading to rejections. Demand zones in green emerge post-breakout when former resistance flips, attracting buyers on retracements. These zones filter noise effectively in trending markets.
Counter Trend Line Role
This white line defines the counter-trend structure, respected through pullbacks and rallies. Price follows it as a dynamic guide, confirming pattern integrity without implying direction. Such lines enhance zone analysis by highlighting momentum shifts.
Disclaimer
This post showcases historical price action only and constitutes neither financial advice nor trading signals. Trading involves substantial risk of loss; conduct your own analysis and consult professionals.
📊Swing & positional equity research with Buy, Sell and Hold recommendations.
Contact
📞WhatsApp: wa.me/919455664601
💬Telegram DM: t.me/Apoorv_HH
📢Join Telegram channel: t.me/hashtaghammer
Apoorv Dubey|SEBI RA INH000030287
Contact
📞WhatsApp: wa.me/919455664601
💬Telegram DM: t.me/Apoorv_HH
📢Join Telegram channel: t.me/hashtaghammer
Apoorv Dubey|SEBI RA INH000030287
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
📊Swing & positional equity research with Buy, Sell and Hold recommendations.
Contact
📞WhatsApp: wa.me/919455664601
💬Telegram DM: t.me/Apoorv_HH
📢Join Telegram channel: t.me/hashtaghammer
Apoorv Dubey|SEBI RA INH000030287
Contact
📞WhatsApp: wa.me/919455664601
💬Telegram DM: t.me/Apoorv_HH
📢Join Telegram channel: t.me/hashtaghammer
Apoorv Dubey|SEBI RA INH000030287
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.