Advance Price Action Trading with Demand Supply & More

[AlphaT]

INDIGO AVIATION DZ... DEMAND ZONE...

Which one?

 

[preethi21]

INDIGO... WEEKLY CHART..
MAIN TREND IS BULLISH....
NOW ITS AT HIGH DEMAND ZONE...
ALMOST 20% DOWN FROM 52 WEEK HIGH... REVERSAL HAPPENS IF ITS BELOW 25% FROM 52 WEEK HIGH

 

[AlphaT]

INDIGO... WEEKLY CHART..
MAIN TREND IS BULLISH....
NOW ITS AT HIGH DEMAND ZONE...
ALMOST 20% DOWN FROM 52 WEEK HIGH... REVERSAL HAPPENS IF ITS BELOW 25% FROM 52 WEEK HIGH

These are the two nearest DZs on the weekly, first one is quite used so lower probability, therefore needs good conformation, second one is unused but a reaction to another zone, would also need conf PA.
I must say that this is a very difficult chart!

 

[against_tides]

Your videos are very informative..thanks for sharing..
Please make your voice more clearer...

 

[sabhlok_r]

How do u decide.. that returns would be 3:1 or 1:1 .... before hand
Say DZ is worth 10 points.. how do u decide to go for 20points or 30 points or even more profits.

Look for the SZ on its way up, preferably in the same time frame. ( Check out the earlier videos from AlphaT.)

 

[sabhlok_r]

Thanks for the video. One instrument that exhibited ERC recently is Reliance.

 

[sabhlok_r]

Nifty and bank nifty at all time high today. Probable ERC candidates.

 

[preethi21]

Thanks Alfa ji..
I have entered Indigo buy for positional trade..
Short Siemens for day trade sl2.4% target 3.4% or 3.20 time

 

[sabhlok_r]

Thanks for the video. One instrument that exhibited ERC recently is Reliance.

Another one is Asian Paints. Check out its weekly chart. After breaking ATH it exhibited ERC perfectly.

 

[satintrade]

15m chart of Nestle on the 20th Nov- https://www.tradingview.com/x/279Oiq3s/

Not exactly an ERC but isn’t this the same concept?

The red box is a bearish engulfing candle which I take as my ‘Barrier’

The demand zone that breaks/engulfs this barrier is confirmation

Price reverses to my zone and continues upwards