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Re: Heavyweight post# 139145

Monday, 04/11/2016 12:10:46 AM

Monday, April 11, 2016 12:10:46 AM

Post# of 140146
Just looked at the weekly, also...was kind of getting a bigger picture idea of where AJ is.

But the weekly only qualifies as a pivot at this point. And the daily shows too many candles to be a true demand zone. It is a consolidation zone for sure though. But pivots and consolidation zones can provide bounces as well. The only real difference is they don't have as much staying power as a fully valid supply or demand zone.

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