Market Exhaustion Flashcards
What kind of order flow is being illustrated when price goes straight up or down w/o pullback?
Little to no order pressure in the opposite direction
What kind of order flow is being illustrated when price goes straight down with pullback then down again.
order pressure in the opposite direction
What level of market exhaustion is where price continues to build strength in current trend direction.
Low Market Exhaustion
What level of market exhaustion is when downtrend or uptrend pullbacks right at the start of zone?
Low Market Exhaustion
What does it mean when probability is no one favor and at a state of equilibrium between demand & supply zones and when downtrends & uptrends pullback before it hit the zone.
Medium Market Exhaustion
What is it called when markets regain composure after strong moves up or down?
Pullbacks
What level of market exhaustion pullback is far away from the zone or no pullback at all?
High Market Exhaustion
With High Market Exhaustion price is least likely to reverse and change direction? True or False
False (most likely)
What will price do if it hit a high probability supply zone?
Price will reverse and go down
What will price do if it hit a high probability demand zone?
Price will reverse and shoot up