𝕿𝖍𝖊-𝕽𝕾𝕴-𝕰𝖋𝖋𝖊𝖈𝖙

RSI | Supply & Demand l Charts are for entertainment only | Managing risk as trades rarely go according to plan | 𝒩𝑜𝓉 𝒻𝒾𝓃𝒶𝓃𝒸𝒾𝒶𝓁 𝒶𝒹𝓋𝒾𝓈𝑜𝓇

[𝕿𝖍𝖊-𝕽𝕾𝕴-𝕰𝖋𝖋𝖊𝖈𝖙 @TheRSIeffect]

What is demand zone? Demand zone is the zone where buyers steps in and push the price up.

What is supply zone? Supply zone is the zone where sellers steps in and push the price down.

...a thread on how to identify demand and supply zones

[𝕿𝖍𝖊-𝕽𝕾𝕴-𝕰𝖋𝖋𝖊𝖈𝖙 @TheRSIeffect]

SPY update, target acquired

[𝕿𝖍𝖊-𝕽𝕾𝕴-𝕰𝖋𝖋𝖊𝖈𝖙 @TheRSIeffect]

$SPY 30 minutes, with extended hours, invalid if candle closes below zone

[𝕿𝖍𝖊-𝕽𝕾𝕴-𝕰𝖋𝖋𝖊𝖈𝖙 @TheRSIeffect]

$SPY update

[𝕿𝖍𝖊-𝕽𝕾𝕴-𝕰𝖋𝖋𝖊𝖈𝖙 @TheRSIeffect]

$SPY 15 minutes, invalid at candle close below zone

[𝕿𝖍𝖊-𝕽𝕾𝕴-𝕰𝖋𝖋𝖊𝖈𝖙 @TheRSIeffect]

$ENZC update

[𝕿𝖍𝖊-𝕽𝕾𝕴-𝕰𝖋𝖋𝖊𝖈𝖙 @TheRSIeffect]

$ENZC daily, invalid if candle closes below zone

[𝕿𝖍𝖊-𝕽𝕾𝕴-𝕰𝖋𝖋𝖊𝖈𝖙 @TheRSIeffect]

$SOBR daily, keep on watch

[𝕿𝖍𝖊-𝕽𝕾𝕴-𝕰𝖋𝖋𝖊𝖈𝖙 @TheRSIeffect]

$FCEL update

[𝕿𝖍𝖊-𝕽𝕾𝕴-𝕰𝖋𝖋𝖊𝖈𝖙 @TheRSIeffect]

$FCEL

[𝕿𝖍𝖊-𝕽𝕾𝕴-𝕰𝖋𝖋𝖊𝖈𝖙 @TheRSIeffect]

$SPY 15 minutes update, bearish turned bullish

[𝕿𝖍𝖊-𝕽𝕾𝕴-𝕰𝖋𝖋𝖊𝖈𝖙 @TheRSIeffect]

$SPY 15 minutes, rejection doesn't look good, invalid if candle closes above box

[𝕿𝖍𝖊-𝕽𝕾𝕴-𝕰𝖋𝖋𝖊𝖈𝖙 @TheRSIeffect]

$SPY, good spot for relief

[𝕿𝖍𝖊-𝕽𝕾𝕴-𝕰𝖋𝖋𝖊𝖈𝖙 @TheRSIeffect]

$SPY 30 minutes, waiting to see the retest at the zone

[𝕿𝖍𝖊-𝕽𝕾𝕴-𝕰𝖋𝖋𝖊𝖈𝖙 @TheRSIeffect]

$PDSB daily, order block tested with liquidity grabbed

[𝕿𝖍𝖊-𝕽𝕾𝕴-𝕰𝖋𝖋𝖊𝖈𝖙 @TheRSIeffect]

Dear Fintwit family, hope you are doing well !

will be posting some charts soon.

[𝕿𝖍𝖊-𝕽𝕾𝕴-𝕰𝖋𝖋𝖊𝖈𝖙 @TheRSIeffect]

Ladies & Gents, I will be focusing on some personal things so I will be taking a break and not be much active from now on. If you have been following me you are well aware now about the strategy I use. I hope it helped one or two. DM me if need anything. Much Love ❤️ - Mr. RSI

[𝕿𝖍𝖊-𝕽𝕾𝕴-𝕰𝖋𝖋𝖊𝖈𝖙 @TheRSIeffect]

$WSRC setup complete

[𝕿𝖍𝖊-𝕽𝕾𝕴-𝕰𝖋𝖋𝖊𝖈𝖙 @TheRSIeffect]

$WSRC weekly, finally making some moves here. The usual algos pattern is meet the first resistance, push it down to last red candle, then pump it.

[𝕿𝖍𝖊-𝕽𝕾𝕴-𝕰𝖋𝖋𝖊𝖈𝖙 @TheRSIeffect]

$WSRC step one done, now lets do the step 2 then 3

[𝕿𝖍𝖊-𝕽𝕾𝕴-𝕰𝖋𝖋𝖊𝖈𝖙 @TheRSIeffect]

$SPY we got rejection from the level and found support making the level invalid, the uptrend on LTF should continue

[𝕿𝖍𝖊-𝕽𝕾𝕴-𝕰𝖋𝖋𝖊𝖈𝖙 @TheRSIeffect]

$SPY 5 minutes, still excepting it to actual reach the supply and reject. It made 2 unsuccessful attempts so far. People have put stop loss above the recent high. So stop loss raid with wick into supply and rejection. Invalid above box.

[𝕿𝖍𝖊-𝕽𝕾𝕴-𝕰𝖋𝖋𝖊𝖈𝖙 @TheRSIeffect]

$SPY weekly, broadening wedge should not establish Lower Low otherwise game over. Daily, is in demand zone and $VIX also at supply.

[𝕿𝖍𝖊-𝕽𝕾𝕴-𝕰𝖋𝖋𝖊𝖈𝖙 @TheRSIeffect]

$SPY & $VIX