Pretty close proximity to multiple UNK demand zones. Have to find that pull back sweet spot. The demand looks shoddy and am looking to stay with the trend.
at 7. (everyone appears to be teaching it differently on youtube). Very interesting what you can do with it if you understand / supply/demand analysis. Helps maintain orientation on the chart, comparable to using a compass. Oversold/overbought levels when confirmed with (or lack thereof) tends to make a useful adjunct/confluence tool and can be implemented to maintain objectivity and discipline. Always secondary to and surely not necessary but it may also serve one in understanding the /price relationship at key levels.