IDENTIFYING MARKET REVERSAL POINTS💯💸
A demand and supply imbalance occurs when demand exceeds supply or supply exceeds demand.
When a majority of different color candles occur together, that zone is called an equilibrium zone. When a price moves quickly up from that zone, one thing is confirmed: there were no available sellers. This is because if there had been sellers at that point, price would not have moved up. At that point, all the sellers were absorbed. Therefore, the price started to go up.