Plotting Supply & Demand Zones

Question 1

What three indicators gives us the highest probability that price will repeat once hitting that same zone.

Answer 1

Fast arrival, Little time spent basing, Fast departure

Question 2

We us the zones top and bottom to setup ___, ____, and ____.

Answer 2

entry, stop loss, and profit target

Question 3

When illustrating our zones we want to mark the ___ of supply & ___ of demand.

Answer 3

Swing High & Swing Low

Question 4

When illustrating the height of a demand zone where do we start and finish?

Answer 4

lowest point (including tail) to top of body (not including wick)

Question 5

When illustrating the height of supply zone where do we start and finish?

Answer 5

highest point (including wick) to bottom of body (not including tail)

Question 6

The closer price get to origin zone probability get ____ that formation will repeat the origin pattern.

Answer 6

Higher

Question 7

What timeframe is where major sways happen?

Answer 7

Monthly

Question 8

Once zones are violated its no longer valid. True or False

Answer 8

True

Question 9

What does it mean when a zone is violated?

Answer 9

Price passes through zone

Question 10

What does it when price breaks through a zone?

Answer 10

Wick, tail, or body crosses the zone line

Question 11

What zone do we illustrate after the continuation pattern drop-base-drop has formed.

Answer 11

Supply Zone

Question 12

What does the continuation pattern rally-base-rally allow us to do?

Answer 12

Find demand

Question 13

What zones do we illustrate when (peak) reversal patterns rally-base-drop are formed?

Answer 13

Supply Zones

Question 14

What zone do we illustrate after the (valley) reversal pattern drop-base-rally has formed,

Answer 14

Demand Zone

Question 15

What are the three types of zones?

Answer 15

Origin, Fresh, Original

Question 16

If zone is not violated it is still fresh. True or False

Answer 16

True

Question 17

Fresh levels are no longer fresh price hit fresh zone. True or False

Answer 17

True

Question 18

What zone do we look for in uptrends______?

Answer 18

Demand Zones

Question 19

What zones do we look for in downtrends _____.

Answer 19

Supply Zones

Question 20

Which timeframe do we typically find the origin zones?

Answer 20

Monthly timeframe

Question 21

Which timeframe do we typically find the in between zones (Original, Fresh)?

Answer 21

Weekly, daily, or hourly timeframe

Question 22

When price is further from the origin it is a higher probability that price will repeat/reverse up or down. True or False

Answer 22

False - Closer & Lower

Question 23

Origin zones are only with reversal patterns? True or False

Answer 23

True

Question 24

Original zones are only with continuation patterns? True or False

Answer 24

True

Question 25

Typically price will breakthrough every zone after 3rd test. True or False

Answer 25

True