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inspirez

Just read your article and drew some lines to tryout. I'm a complete novice at charts ( @wellhandy can attest to that lol).

For a longer term investing, when I plot in months, I can see several bases formed. It seems like a demand zone is formed in the region indicated, am I correct or am I looking at this wrongly?

I see a 9 month base in the chart, does that suggest anything? More intense rally/drop?

Also, how would I know if DBR is happening if the 'R' is still not clear?

Additional thought, I wonder how we can make DnS work with 200MA.

080b4cd79105d658ac788e69776fb6bdab0ef5ca
cheehow

Just to top-up what I've read be4, smth quite similar:
https://www.colibritrader.com/what-are-sup...

Iamshiwei

Thank you. Can you point me towards more material to better understand how to identify demand and supply zone for buying and selling?

Can I also confirm that you wait for the pull back to confirm if it is a demand zone? Ie the stock will be trading within a range? And what timeframe are you typically working off? a few days? Weeks etc?

traderx

Reply to @zeeq : Sam Seiden is big on supply and demand. Did take the course at OTA?

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MorningStarTrader

How do you determine the range for the base and zones?

zeeq

Reply to @MorningStarTrader : For demand zones, the base can be made of green or red candles.
For green, entry at the close and sl below the lowest point of the candle.
For red, entry at the open and sl below the lowest point of the candle.
You also have to factor in the bid and ask spread.

div1g4in

Which person(s) uses this method 103 years ago? Mind to share some examples? Just curious.

div1g4in

Reply to @zeeq : Can you make a call and let us know based from the supply demand. wanna learn.

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