Question: Impulse legs seem to be an important part of
identifying these zones. Could you comment on, what part the
impulse move plays in setting up these zones and... what is the
reason the impulse leg plays a role in technical analysis of
recognizing these zones... or, stated differently, what does the
impulse leg mean to the overall analysis of creating a
zone?
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AUNI - Here is the Zoomed in View I Promised
Posted by steve on 15th of Jul 2023 at 11:05 am
AMD - Chart Link- forget about the labeling on the chart and instead FOCUS on the the structure and how the Supply Zone was formed.
Thanks for the more granular
Posted by auni on 15th of Jul 2023 at 02:34 pm
Thanks for the more granular explanation. Helps.
Question: Impulse legs seem to be an important part of identifying these zones. Could you comment on, what part the impulse move plays in setting up these zones and... what is the reason the impulse leg plays a role in technical analysis of recognizing these zones... or, stated differently, what does the impulse leg mean to the overall analysis of creating a zone?