tradewonk
Education

EURUSD

FX:EURUSD   Euro / U.S. Dollar
Another example of:

1) Drop- Base- Rally
2) Rally-Base-Drop
3) Rally-Base-Rally
4) Drop-Base-Drop

Supply and demand levels work the same in point and figure as they do in other styles of charts. Look for an area where trend reversed strongly. Your typical rally-base-drop or drop-base-rally would do just fine. You should look to buy or sell when you receive entry signals in those areas only.

There is no reason why you cannot take only the trades that offer the greatest potential for success and the lowest risk in relation to it.
I always look up for your analysis in trading view. Thank you for sharing with us.
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tradewonk AizaParman
@AizaParman, My pleasure
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Would you tell me about the zone you marked as 'rally-base-drop Supply''?
generally when we have two marubozu candles
+4 Reply
always helpful
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@CNYANG, Thank you
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Your analysis is always one of the first things I look out for, thanks!
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tradewonk copozwoir
@copozwoir, Thank you!
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Thank you for the analysis!
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tradewonk ejssxiu
@ejssxiu, No problem!
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