In previous lessons we have talked about what Supply and Demand trading is and how it can help us to achieve success in the markets. We talked about imbalances, which manifest themselves as either peaks or valleys or in continuation patterns that will help us pin point “potential areas of interest. We narrowed the areas…
Read more
What are the OBSTACLES to Price Action Movements?
Price does not move in straight lines. So when we draw the zones, we need to remember this. We would have drawn a demand/supply zone and will be waiting at those zones for taking entry. But there are many obstacles price can come across on its way to our entry. When one of these obstacles is reached, price usually does not retrace to our entry.
These obstacles are:
• HTF imbalance in control
• HTF trending trendline confluence
• HTF sloping 20 EMA confluence