I mark supply and demand areas based on pivot points and the last candlestick before the main movements
Reason for marking supply and demand area:
1-There is Range inside these candles, after which the market has decided to move
2-And another reason to mark these candles is that banks and major market players in that area have orders.
There is Ret Fibonacci in the chart:
1-beginning of the main movement
There is Ext Fibonacci in the chart:
1-beginning of the main movement
Reason for marking supply and demand area:
1-There is Range inside these candles, after which the market has decided to move
2-And another reason to mark these candles is that banks and major market players in that area have orders.
There is Ret Fibonacci in the chart:
1-beginning of the main movement
There is Ext Fibonacci in the chart:
1-beginning of the main movement
