Advance Price Action Trading with Demand Supply & More

AlphaT

Well-Known Member
@AlphaT - Today Hdfc bank made a swift down move 881 to 871 in 15mins. Is it due to the compression happened as marked. But if it is correct, the compression exists till 854 levels, but it bounced back from 871 levels itself. Even I looked into 5min chart in the compressed area & dont get why it happened. Any insight on this. As today's low is in compression zone, can it be considered as CAP DZ. View attachment 42486

Also today I see the flip zone worked perfectly, which was initially DZ flipped to be SZ. Am I right View attachment 42487
This was a 2TB reaction to the gap based DZ there.. 2TB entries like these should be taken with conf.

Regarding the second chart, yes it's a flip zone.
 

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