NASDAQ | Supply to Demand Example

12 Eki 2023

Hi Trader,

Here I illustrate a supply-to-demand trade, this scenario happens when we mark out our supply zone and then when the price gets the supply zone, we don't get rejections or a doji to show that it will fall from there.

After that, we will normally see the price then shoot up with a strong candle leaving an imbalance and then we can be sure that the supply that we had has failed so we should now look for a trend continuation... as soon as the candle goes up strong and closes, this means now it has created a demand are we can trade of.

Does this example help anyone with smart money concepts?

12 Eki 2023

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