Advance Price Action Trading with Demand Supply & More

AlphaT

Well-Known Member
Thank you @AlphaT . Does that mean a single candle should break the entire zone from top to bottom rather than more than one candle to break through the zone. Also in this case, I see the POI-2 got violated very quickly, so it is very weak one, correct. Please clarify.
Yes, like I said the best POI are the one that break the barrier in one go!
 

AlphaT

Well-Known Member
@AlphaT - In ICICI 5min chart, is the Pin & engulf SZ (marked as SZ) is correct as it is broken quickly.
Also I see the marked POI SZ (marked as POI-2) formed due to DZ (marked as 'Demand zone-2') also got broken quickly. Could you clarify more on this as I am seeing the zones are not at all worked here. View attachment 42135
This was a bona fide failure as per the stand alone Pin & Engulf zones. There was something else here that caused this failure which is beyond the scope of explanation here.

https://www.tradingview.com/x/2WSelo84/
 

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