Thank you for your input. Much appreciated.

Up and under price pattern

Hello Amsunny, Do you have any advice with regards to drawing Trendlines? Also, do you use Trendline breaks as confirmation as well?

Up and under price pattern

Really good spot here fdx. You are getting really good at this.

ReadtheMarket - Supply and Demand with Price Action

Can you illustrate exactly what is the MPL of the LSK?

ReadtheMarket - Supply and Demand with Price Action

Well I guess technically once there is a new FL that is formed, it would become the new source of the move, so it should be taken as the new point of entry after a valid engulf.

ReadtheMarket - Supply and Demand with Price Action

The retrace was not as deep as expected. Could it be because there was a new FL at the point of retrace? image

ReadtheMarket - Supply and Demand with Price Action

Just a thought. Maybe this was the target based on this level? Again I am still learning so I could be wrong. image

ReadtheMarket - Supply and Demand with Price Action

Okay I can see how this makes a lot of sense now. Thanks for explaining fdx. Doing markups in hindsight is still good practice in my opinion. Soon we will be marking them live and with confidence.

ReadtheMarket - Supply and Demand with Price Action

Thank you for your feedback on my question. I am still learning so I'm not very good at choosing the proper levels. I asked because there were two wicks within a space of a few candles, roughly at that level, so I wondered if it meant that it was a ...

ReadtheMarket - Supply and Demand with Price Action

image Please see the level I added in the diagram and tell me if you think this was significant enough?

ReadtheMarket - Supply and Demand with Price Action

I just have some questions regarding your drawing. I hope you don't mind answering. I am still trying to learn about these concepts properly. image

ReadtheMarket - Supply and Demand with Price Action

I was wondering about that. It's a little bit different but I can see the logic. Thanks.

ReadtheMarket - Supply and Demand with Price Action

Does the M4 in your charts mean 4-Miniute?

ReadtheMarket - Supply and Demand with Price Action

can you share a summary of what you understood from it

Price is everything

Could you explain this simply please?

ReadtheMarket - Supply and Demand with Price Action

Was this something more like a calculated risk? Couldn't there have been orders higher up?

ReadtheMarket - Supply and Demand with Price Action

hi there. would you mind letting us know what the analysis is. i am not sure i understand the setup. thank you.

ReadtheMarket - Supply and Demand with Price Action

It seems logical enough but what area are you going to target. I think you need to first see if there is a viable target.

ReadtheMarket - Supply and Demand with Price Action

Thanks for your answer. What conditions or parameters do you use to formulate your view on the market's movement?

Up and under price pattern