Oh. Purple FL was my mistake, I drawed it wrongly, sorry. Thanks for your answers, it is a realy huge help.

ReadtheMarket - Supply and Demand with Price Action

image Mertch, please. Is the Red FL marked in chart above is more important than Purple FL marked in chart above?

ReadtheMarket - Supply and Demand with Price Action

image But if I understand from the recent master's posts correctly, the FL marked purple in chart above is the most important one? Or is it not true?

ReadtheMarket - Supply and Demand with Price Action

So is this the FL that we should see? This is the one that Hendzwoter drawed. But if this is the FL, why this one is important? image

ReadtheMarket - Supply and Demand with Price Action

Maybe I do understand it wrong... But this is how I see it. It is QM and RS of that QM. ( the very left rectangle) Than there is a FL. (middle rectangle) And there is RS where you took your order. (right rectangle) image

ReadtheMarket - Supply and Demand with Price Action

image

ReadtheMarket - Supply and Demand with Price Action

Does RS (H) means right shoulder (high) ?

ReadtheMarket - Supply and Demand with Price Action

This is how I see it. image USDJPY chart and question. image

ReadtheMarket - Supply and Demand with Price Action

Hi. It is impossible not to see that FL. UJ. Maybe you can tell whether this was an engulf and if yes, where can we look for entry? image

ReadtheMarket - Supply and Demand with Price Action

Somehow I feel that USDJPY pair will go up, engulf the last high and will go above. Does anyone have any other outlook?

ReadtheMarket - Supply and Demand with Price Action

image Was this an engulf?

ReadtheMarket - Supply and Demand with Price Action

image

ReadtheMarket - Supply and Demand with Price Action

Guys, I have a question. If we have chart like this, how can we know if it is a compression or are there levels that still have orders? Can anyone tell in which of these levels still are orders left? image

ReadtheMarket - Supply and Demand with Price Action

Do I mark these zones correctly? Is there any way we can trade in this kind of chart?

ReadtheMarket - Supply and Demand with Price Action

USDCAD This pair has reached QM level. But this one doesn't seem to be an important one. Price is Compressing up. Can we expect price to reach the top FTR and move down and even to move down through this QM ?

ReadtheMarket - Supply and Demand with Price Action

GBPUSD We don't have any history here, only few levels above. Can we trade this pair on higher time frames or should we trade only in lover time frames where we have all history for our trades? Any predictions for cable in the longer terms ?

ReadtheMarket - Supply and Demand with Price Action

USDCHF this pair engulfed down on higher time frames. how can we predict whether it will continue to move down or will it visit the the very top level first?

ReadtheMarket - Supply and Demand with Price Action

UJ Price is compressing down, so it seems that it should bounce somewhere and go up. But was there an engulf down and will we see a move down?

ReadtheMarket - Supply and Demand with Price Action

image EURNZD how about this one? this pair should bounce from the level that lurks little above current price. The question is whether it was an engulf down or am I reading it wrong? Will it make a big move down or not?

ReadtheMarket - Supply and Demand with Price Action

image Gold entered CP zone, and it is retracing to FTR, will it bounce and go up trough CP zone ? Guys, how do you see this?

ReadtheMarket - Supply and Demand with Price Action