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[Music]
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now that we know how to identify and map
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out supply and demand zones whether it
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be range created supplier demand or
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pivot created supply and demand now we
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can move on to the different types of
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these zones whether they be continuation
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or reversal type models
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so right here what we have are
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continuation models for supply and
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demand now building on to what we
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learned of the creation of zones in the
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first video we're looking at the
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continuation of demand and supply using
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ranges now for looking at continuation
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patterns using these models what we
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would see for a continuation demand
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model would be that you'd have an
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impulsive move to the upside we'd be
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seeing a market moving to the upside we
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would see that range being created that
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sideways price action we would then see
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price expand out of that range rapidly
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and again we're not trying to trade the
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break of that range but instead we're
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waiting for price to return back into
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that range that demand zone to look for
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our entries
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and on the flip side if we're looking
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for range created supply of our
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continuation supply model we'd be seeing
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price moving to the downside rapidly
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we'd see that sideways correction and
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again we'd see it expand to the downside
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again we're not looking to trade the
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initial break of that range but instead
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we're waiting for price to return back
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to the supply zone and that's where we'd
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be looking for our entry
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now we move on to pivot created demand
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and pivot created supply
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again based on the first video we have
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our pivot which is a sharp move to the
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upside
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and this can take shape of a few
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corrections as well within it but
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generally speaking the concepts are
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still that remain the same or we have
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that sharp move to the downside which is
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important
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and then we get that rapid expansion
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away again we're not looking to trade
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the initial expansion away from that
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pivot but instead we're waiting for
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price to come back down into this demand
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zone and look for entries now if we look
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at the pivot created supply again we
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have a sharp move to the upside followed
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by an expansion to the downside we're
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not looking to trade the break of that
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pivot but instead waiting for price to
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return back to that supply zone to look
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for entry now the reason these are
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continuation models is price was already
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moving to the upside before the pivot
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was created that created that demand
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zone or price was already moving to the
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downside before it created that pivot
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that created the supply zone we are
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basically just looking for price to be
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continuing in that direction look for
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our footprint and then wait for price to
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return to those zones
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now let's take a look at the reversal
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demand and supply models again using the
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same zone creation model so if we're
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looking at range created demand
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we're looking for a move to the downside
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we have that sideways range price then
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expands to the upside rapidly again
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we're not looking to trade the break of
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that range we're waiting for price to
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return back into that demand zone to
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look for entry in that newly created
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demand zone
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now if we're looking at a reversal
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supply model using the range created
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supply we'd be looking for price coming
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to the upsides likely in an uptrend
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prior to that
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we create a sideways range and then an
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expansion away to the downside of that
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range again we're not looking to trade
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that initial break of the range but
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instead we're waiting for price to move
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back into that newly created supply zone
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that range to look for our entries
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and now we can look into the pivot
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created demand supply reversal models
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and similarly to the reversal demand
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model created by range we get that sharp
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move to the downside followed by an
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expansion away the difference being with
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the range is we actually have that clear
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sideways range whereas with the pivot
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you almost get a double pivot where
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price hits creates a low moves up
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doesn't really go too much further we
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move to the downside rapidly create that
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that pivot in price and then price
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expands to the upside this entire move
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is what formulates that demand zone
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again we don't look to trade the break
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of
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that initial high we're instead waiting
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for price to return to this newly
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created demand zone to look for entries
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and then finally we have our pivot
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created supply
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and this again is created from an up
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move we get a low that's created then we
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have a sharp move to the upside and a
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break to the downside a rapid move to
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the downside once again we're not
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trading the initial break we're waiting
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for price to return back to this newly
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created supply zone to look for entries
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now that we've gone through the models
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of supply and demand whether they be the
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continuation or the reversal models
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let's conceptualize this a little bit
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further and actually introduce the
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concept of candlesticks so that we can
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see a more clear and clean cut example
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of what we would actually see on a price
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chart so if we look at range created
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supply and demand what we can see
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quite clearly is we have this sideways
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price action for every down move we get
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an up move down move up move price is
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contained within that overall range in
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price until we see a rapid move to the
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downside
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again we're not looking to trade the
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break of that range but instead we're
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waiting for price to return to this
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newly created supply zone to look for
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sell trades
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and on the flip side for the range
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created demand zone we have this
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sideways price action we see that rapid
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expansion away from this range and we're
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waiting for price to return back into
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the demand zone to look for buy entries
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another way that you can draw range
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bound supply and demand also using the
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concept of pivot supply and demand and
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this is where the two can be
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interchangeable
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is when you have that overall range in
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supply what you can see is we have
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two candles two up candles and then we
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have this massive move to the downside
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we can draw our supply zone using these
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two bullish candles before the large
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move to the downside and that would
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build up our
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supply zone and what we can see if we
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just very quickly move this over
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from a
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drawing perspective the zone has not
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changed in size it just be it just
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becomes a little bit more specific to
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the up moves
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that see this large move in price
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coincidentally
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alternatively as well if we just look at
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this range created supply really quickly
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as well using this idea we can actually
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also draw our supply zone just on this
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first candle so we have a few options
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and it really comes down to personal
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preference on which way you prefer to
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draw your supply and demand zones
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especially when they are range created
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sometimes the ranges that are created
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are simply too large to really work with
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and this is where you have the
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flexibility to also put your attention
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to
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the
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last
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bullish candles before that move to the
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downside or the last bullish candle
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before the move to the downside
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depending if we have two or three
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bullish candles before that large move
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that implies a pivot
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and if we have one it's still a pivot
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but it's a little bit more refined
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within the overall range in question
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and the same as said with range demand
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with a pivot zone creation we have two
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bearish candles and then the rapid
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expansion outside of that range again if
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i just move this over
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the range would be exactly the same in
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this example but it just refines it to a
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little bit more
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clean cut way or approach of drawing or
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mapping the demand zone again we can
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also
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use this one and just draw it on this
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last bearish candle before the rapid
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move to the upside because again in both
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situations we are waiting for price to
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come back down into this newly created
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demand zone to look for entries
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again
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this ultimately comes down to personal
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preference on how you want to map your
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candles especially when you see range
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bound or range created supply and demand
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zones essentially what you can do is
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wait for that range to be created map
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out the entire range
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look for price to move to the downside
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or the upside and then simply wait for
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price to return to that entire range to
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look for an entry that gives you more
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flexibility in terms of where price will
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return
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to look for an entry whereas you can
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also simply mark just the bullish candle
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before that bearish move or bearish
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candle before that bullish move
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or if you have two bullish candles
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before that bearish move you can use
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those or two bearish candles before the
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bullish move a little bit of flexibility
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but again it ties back to what makes the
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most sense for you and can be
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situationally dependent on if you have a
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very large range and conceptually the
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pivot or singular candle makes more
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sense to mark than that ideally is the
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best route to go now we can also do is
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look at the pivot supply pivot demands
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and again this factors into what we were
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just speaking about where you have
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single candle creation and multiple
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candle creation of these supply and
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demand zones if we're using pivot supply
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with a single candle creation basically
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we have that bullish candle before the
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bearish expansion outside of that pivot
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if it was a continuation pattern we
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would have something like this where we
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have that down move the sharp move to
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the upside and then the sharp move to
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the downside so it's conceptually the
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exact same as what we had just spoken
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about
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and what we would see within this candle
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as well just to drive the point home a
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little bit more is
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this single candle on a lower time frame
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more specifically is likely a range as
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well and this is why you are able to
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factor in
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a single candle on a range as your
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supply zone in this case or a series of
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candles within that because this in
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itself is a pivot and this in itself is
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a range so they are interchangeable and
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that's why you do have the flexibility
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again this is where it really comes down
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to testing them on the chart seeing
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which really resonate with you for some
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ranges will just be the way to go for
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others it will be simply looking at
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single candles because also what you can
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do if you prefer is drawing your supply
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zone using just one candle instead of
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the succession there are just multiple
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00:10:18,640 --> 00:10:23,600
ways of drawing out supply and demand
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zones using these creation methods and
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it really comes down to testing
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experience and really just getting
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00:10:27,360 --> 00:10:30,880
comfortable with the premise of supply
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and demand and what is ultimately
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happening on the charts because price is
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00:10:32,880 --> 00:10:35,839
fractal and what you'll see on a lower
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00:10:34,640 --> 00:10:38,320
time frame
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can also be included in just one candle
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00:10:38,320 --> 00:10:40,800
and we'll expand on that a little bit
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later on
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but again when we're coming back to
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pivot supply and demand we have the
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single candle which if we're looking at
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a reversal model would be something like
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this there's your pivot
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it'll be that
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right there or if we had a continuation
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there's your pivot
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and we're just drawing it on that
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singular candle and the same can be said
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for the multiple candle creation where
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00:11:02,959 --> 00:11:05,600
we have
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something like that where we have this
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00:11:05,600 --> 00:11:10,640
pivot in price
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or if we have a reversal
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we have that pivot in price
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regardless of how you're looking at it
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all the models remain the same and what
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we're looking to do we see it being
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created and it's our job to map out the
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zone in which way that we feel is the
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most high probability for our trading
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00:11:26,399 --> 00:11:31,279
style so regardless if we're trading
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00:11:29,120 --> 00:11:33,920
range mount created supply and demand or
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00:11:31,279 --> 00:11:36,079
pivot we have the opportunity of drawing
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our supply zone using
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the entire range we can use
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the bullish candle we can use the series
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of bullish candles
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and on the flip side for demand we can
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use the bearish candle we can use the
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00:11:46,880 --> 00:11:51,120
entire range or we can use the series of
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bearish candles and what we're doing is
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now that we've established that price
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has rapidly moved to the downside or
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00:11:54,079 --> 00:11:58,880
prices rapidly moved to the upside we've
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been able to identify that a supply zone
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or a demand zone has been created we
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00:12:01,279 --> 00:12:04,639
just simply are waiting for price to
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00:12:02,800 --> 00:12:06,480
return back to that supply zone so we
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00:12:04,639 --> 00:12:09,440
have that flexibility in understanding
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00:12:06,480 --> 00:12:11,440
where price could go will it return to
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00:12:09,440 --> 00:12:14,480
the entire range and fill to the upside
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00:12:11,440 --> 00:12:15,920
or will it focus on just this candle
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we don't necessarily know where it's
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going to go the only way we can truly
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00:12:17,600 --> 00:12:21,519
know is if we do enough testing get a
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00:12:19,519 --> 00:12:22,959
large enough data size and figure out
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00:12:21,519 --> 00:12:25,120
probabilistically
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00:12:22,959 --> 00:12:29,320
which tends to be more effective
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especially for your trading style
25631
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