Possible Supply Zone
Disclaimer: I am still learning about supply and demand zone.
I first heard about supply and demand strategy by @Tradewonk, if you want to know more about it, you can search the internet or follow @Tradewonk
Intersection is when price is on 2 or more signal/set up that points out to the same direction.
In this example:
1. Price broke the trend line resistance and retested it as a trend line support. (Buy signal)
2. Price is at horizontal support (Buy signal)
Price broke the trend line resistance then retest. And currently it is around the trend line support and horizontal support (intersection).
It is also within 50% Fib and 61.8% Fib.
We also have a pin bar