Module 1 Session 5

VIDEO: 9:43 MINUTES

This session defines Demand & Supply and describes types of Horizontal Level and why we use them as part of the trade evaluation:

Demand & Supply Terms
Demand & Supply Types
Horizontal Levels
 / During Up Trends: 

• Rally-Base-Rally
• Broken Level
• Drop-Base-Rally (Sideways Phase)
• Pivot High (Counter Trend)

 / During Down Trends: 

• Drop-Base-Drop
• Broken Level
• Rally-Base-Drop (Sideways Phase)
• Pivot Low (Counter Trend)

Why We Use Quality Horizontal Levels