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forex supply and demand strategy pdf
Pending orders can also be made in multiple layers with small quantities as shown in the diagram below — courtesy of En. If you follow these rules you will pay for the cost of this book many times over. This means the demand will increase as price reaches this level, which is likely to cause a sharp price increase as price approaches this level. Supply and demand zones offer one of the best ways to trade the market- clear and objective. You need to look at the chart as if the gap was one big candle. On the left side of the chart, we see price trading in a tight range for several bars and then shoots up dramatically. The following chart illustrates this. The price then rapidly moves up into a supply zone, giving us a bearish candle. We have a supply zone where price moved away quickly, but when price returned it actually broke through the zone. This is exactly what happens. This is a bullish reversal pattern.

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