1hour demand
- grey zone is for entry if any rejection is noticed
- entry can be taken on the 15min chart for higher risk to reward
- if price closes in red zone setup will be invalidated
This idea is based on my understanding of order flow.
A significant rally allowed me to define a demand zone where open buy orders are left over (blue zone).
If the price moves down to our demand zone, we can expect a bouncek as there are still open buy orders in the zone that are now triggered.
I am looking for my target on the last supply zone which is...
