 Hi in this video, I'm going to be revisiting the supply and demand order equation and We touched on it earlier in the course when I spoke about Supply and demand and basically taking trades at supply and demand levels But I want to get into a bit more depth about supply and demand order equation and really give you an insight into why At certain levels of supply and demand Maybe you should be thinking about what other traders are doing right in Relation to what you know, you're looking to do from a fundamental And sentiment perspective when it comes to buying and selling because at the end of the day It's about an imbalance in supply and demand and who is buying and who is selling at certain price levels, right? So we want to understand the motives of other traders, which gives us an extra I suppose boost to our Trade when it comes to the amount of orders that should be in that area now supply and demand order equations are You know really applied to technical analysis and It's really because you know a lot of traders are purely technical a lot of retail traders anyway are you know They don't necessarily trade fundamental so much But everybody trades pretty much technical there's rarely any you know fundamental traders that don't look a price chart if you know I mean but There are areas on a price chart where pretty much all traders are going to be looking at either You know taking profit, which is going to be forced Supply of demand or entering new trades, which is willing supply and demand, right? So we want to Identify those areas where there should be an imbalance in supply and demand from a technical analysis perspective And the reasons why we want to be entering at that level either buying or selling so as I've just said there are there are price levels that cause imbalances in supply and demand and Just for a technical analysis analysis perspective and these you know levels really in areas are what traders would refer to as support and resistance Levels and support and resistance pretty much, you know all traders not and I'm you know center traders Will trade support and resistance levels and this is from a psychological perspective And as we know supply support and resistance are supply and demand levels that have been projected into the future, right? So a lot of traders will trade support and resistance And look for key areas what they consider key areas now There are free support and resistance categories that traders will generally trade right and the first one is horizontal as we know And that is really Also an odds enhancer, right? We've got diagonal, which is where traders will look to join lows higher lows and Highs and lower highs and then we have dynamic which is Moving averages and then we have a little bonus one which is round numbers This is more to do with you know psychology, so Let's get into just a An example of for example horizontal Support and resistance and you should know this But we're gonna go over the supply and demand equation and forced and willing supply So if we look at this level here, right? We've got a level of you know resistance. In fact, let me just bring up Pen so we've got a level of Resistance here resistance here and we've got some confirming support price action right there Now when prices start to you know break down Traders are going to be looking at this level of some previous support and resistance as a level to get You know potentially short, right? So Let's look at the motives and the supply and demand equation as to why Traders there should be more supply here from a technical analysis perspective, right? Remember with fundamentals. We don't know what's happening on this, you know price chart at this particular point in time So just having value, but from a technical perspective This is you know, we're gonna try and look into the motives of all the forced and willing supply at this area, right? So as prices go down, we've got traders that are gonna pick the bottom, right? So we're gonna look at forced supply first. So forced supply is when traders are buying here, right? They buy Down here, they're gonna be forced to sell if prices come back up here, right? It's a forced to sell and it's a for is forced selling simply because Traders are kind of forced to take profit, right at what we would consider a trouble area, right? So if you bought here Let me just get this right if you buy here You're gonna take profit or either two ways. You've got to take profit on an arbitrary maybe one to one or two to one risk-a-ward ratio So depending on how you enter and what time frame you entered you might be taking profits at certain areas, right? But then if you are trading up, you know If you're just holding a trade right and trying to maybe swing trade this depending again on your risk-a-ward Where's the first area you're gonna look to take some sort of profit, right? It's gonna be an area that acted as resistance and support in the past because this is potentially good active resistance in prices of Basically made their way up Right. You're expecting what prices to react here Most traders are not gonna, you know They're gonna take profit along the way, right? So they're not Most traders are not going to want to ride this out, right and expect to hold this trade You know potentially break through a level of resistance, especially depending on the amount of pips right that they've accumulated along the way It's very hard for traders to Say pretty much brain banked their profit even though they haven't taken profit yet So it's hard for traders to kind of look at this area and look at a pullback and looking at the amount of money They could have made A logical area where they should have taken profit for price to pull back and prices may not even get past this level of Resistance so the smart thing to do for traders is going to be to take profit around here and again if we're buying here Right, then up here is a sell, right? It's a you're forced to kind of get out of this level if there wasn't any support or resistance here Then traders would be looking at taking profit at any kind of trouble area So support and resistance levels are areas where traders will be looking to take profit and You know yourselves if you've you know traded for any length of time that you'd probably be looking at this day the same exact thing, right? So this is going to be forced selling from a take profit perspective and Then we also have traders, right who were looking at We're looking at willing supply. So Traders are going to be looking this level who haven't entered yet didn't enter down here and Then what they're doing is they're looking to enter a new trade at what is considered support So resistance resistance support support and a new trade at what resistance, right? So again if they're entering short SSL that's more supply. So that's willing Supply so not only a forced supply you have willing supply from new traders getting in Shorts that are going to be entering based off of That level price action how it reacts some people just place pending orders at this level Because they just played trade, you know support resistance levels And then what we have is ourselves getting in at this level of supply, right prices make lower highs lower lows We think that this is value in alignment with our fundamentals as an odds enhancer and Then what we have Right. So we've got trade entry or trade entries take profits We've got value traders all in one area and then what we see Again, if we're right about this this move We will see is prices, you know fall away. So net net what you have to ask yourself is Why there is going to be more demand at this area Then supply and the only reason why there will be more demand at this area Then supply is if the market thinks that this is undervalued as in the British pound is still undervalued Right from a fundamental or even a sentiment point of view or the Australian dollar is You know is overvalued etc, right so beyond the price chart is fundamentals and we base our Trading decisions on the fundamentals because that's the number one odds enhancer and then we have our technical analysis from a technical analysis perspective To time our entries we're looking and trying to understand the motives of other traders and understand why there should be more supply here Then demand as you can see prices fall away, right? And let's look at another example from horizontal support resistance So we have some You know support there support there support support resistance resistance support and support right and again, it's creates a Demand zone at this area here So again, let's go through some forced demand and willing demand So again as traders if you're up here and you picked off the absolute top and you're getting short Right, so you're getting short here It's a sell order and if prices come all the way down here You're gonna be taking profit Right. It's a teepee You'll take profit equals a buy order Right, you're forced to basically take profit at certain levels where prices have you know reacted So that's gonna be forced buying or forced demand in that area Let me just Move this over and then what you're gonna have not only do you have forced buying Forced take profit and forced demand going on the forced orders going on Demand orders going on there. You're gonna have willing demand as well from traders entering just support support support resistance and people gonna You know traders are gonna be looking at this area to try to look to get short You see a pin bar here and then you also have some willing Buying which is willing demand right from new traders entering on A potential pullback from maybe this low to this high This is potentially a sixty one point a Fibonacci etc. Etc. Right, so you've got But you got the confluence of obviously horizontal support and resistance within that area, right and then You get price reaction and then what you have is Prices end up going higher. So again, just taking into account value traders the demand and buy orders from Traders taking new trades in this area and then we have obviously traders taking profit and They went short and they have to buy. So you've got a lot of forced and willing Demand here and again the question you always have to ask when entering at a level technically is Why would there be more supply at this level than demand? right, so That's covered the horizontal support and resistance and next we're gonna be looking at the Diagonal support and resistance knows how diagonal support and resistance Is usually again traders, right that will join lower highs Right and they will join Higher lows right so this obviously being higher low etc, right and then we join higher lows and lows and highs and What they considered to be lower highs Right so you can call these, you know trend lines or just you know, sometimes you get um, you know things like trend channels where within a trend channel you could have you know Prices do you know some bit of madness like that, right and then And so on and so forth where it might not look like an obvious trend within the trend channel, right but traders would again potentially start joining Highs especially if that starts to come down and then project into the future as to what they think will be a diagonal level of you know support or Resistance, right so again, let's look at this on a price chart So in this example, we have prices that are Making higher highs and higher lows. So you've got Pretty much a high there. Then you've got a bit of a pullback And then you've got another high right so higher lows. So you've got a low You've got a higher low clear and obvious for everyone to see and then traders will look to join Lows of this of This potential trend, right and project into, you know, the future and if prices come back into this level They will be looking to buy, right? This is going to be willing Demand in this level if traders are looking to buy at this area, right based off of Projecting into the future diagonal support so Let's obviously get forward a little bit. All right, so if we're looking at it just from a willing demand perspective You have traders coming into this area here, right and first thing I want to say is We're not looking to just take these areas of diagonal horizontal and Dynamic support and resistance randomly on a price chart. We always need the confluence Or they are confluence to And secondary and to supply and demand zones So we're looking to trade demand zones or supply zones and then look for this you know, if We do get any, you know that diagonal support or horizontal support or dynamic support within this demand area so Traders who obviously we're looking to buy and then to new trades at this area for the trend to continue higher I'm going to be looking at this area. There's some demand here and that's willing demand We've got traders who would have been entering at the highs right here, right and if they sell To get short to take profit like TP oh Sorry about that. It's going to be Around an area where they think prices will bounce from Right, so they're going to be taking profit if they sold then that's going to be forced Demand right forced buying and then we have value traders like ourselves Knowing that this is an area of demand an area of potential value prices come into this Area here and we've got the confluence of all three from the supply and demand equation and again And I sound like a broken record, but we have to always ask why is there going to be more? Is there going to be more supply right or is there going to be more? Demand from a technical analysis perspective, right? What are the motives of other traders? Why is there going to be more of a balance or an increase in demand and a decrease in supply and What we get is obviously continuation of the move and let's look at another example from a supply Example and this isn't necessarily an obvious trend, but in this example We do would have traders that are looking at areas again lower highs being made I wouldn't actually see even say lower highs being made but a level where prices have reacted from you know a previous high and What you get is traders will be joining these highs right and trades would consider this a lower high I don't consider this a lower high until a Lower low is made right so depending on how you would call this a lower low you could call this Area low alone our effects some traders would Right, so that'd be a low then a lower low right so with that being made This level now becomes an area Where traders are going to be joining that resistance and again projecting it into the future so as prices You know go down to here. We create this demand zone. Sorry supply zone right and again. We have to look at Forced supply or forced or willing supply, right? So when prices do come back up here What's the forced and what's the willing supply? So what we're looking at is Traders who bought down here Gonna take profit up here So they need to sell to exit That's forced supply New traders right who are trading off of this level, right? We have willing Supply and then we also have value traders like ourselves, which is obviously willing supply Get price action get pending orders. So again the question is Why is there going to be? potentially more demand at this level then supply from a technical analysis perspective and traders motives and you know from as far as an imbalance in supply and demand and As we can see prices do end up falling away so the next category of support and resistance is Dynamic support and resistance and it comes in the form of Moving averages now if you don't know what moving averages are the moving average is a simple technical analysis tool that smooths out price data by creating a Constantly updating average price and that's from investopedia So the moving average is just an indicator, right and you've got two Calculations or yes, you've got many calculations of a moving average with them the main moving average calculations are from the simple moving average and the exponential moving average, right and What the moving average does is just measures the average price over a period of time and the popular periods are The 21 period 50 period 100 period and 200 period and as we Looking at daily time frame charts What we're looking at is 21 days 50 days 100 days and 200 days, right? So if you don't know what moving averages look like they look like this right and what we have here are two green lines and two I suppose yellow golden lines, so and The green lines represent the 100 moving average, which means that it's tracking the average part price over a hundred days and the golden yellow moving averages on measuring the EMAs and SMA over the past two hundred days, right 200 candlesticks and What we want to do When looking at moving averages is look for first touches after price Has gone above or below those moving averages, so we can see here that prices from pretty much this point has crossed below the 100 and 200 period moving averages Once that happens what we're looking for is a first touch of the moving averages to act as a Resistance or support level, so the first touch is usually the strongest touch again. It's not perfect So I want to bounce every time This is just an indicator and we use fundamentals to you know determine our directional bias But from a That's I suppose a technical trading strategy perspective Traders will use moving average bounces and crosses right as Dynamic support and resistance and as we go forward. I will show you some Areas where we will bounce from these levels, right, so you've got Areas here you can see resistance resistance Fact you can see Resistance here the first time it touches the 200 EMA you get a reaction Get a reaction and again We're not necessarily concerned with the direction per se This isn't the direction that we want to trade in then we wouldn't be looking at you know Resistance if this was a direction that we wanted to be trading and then we would be right But this is just to show you that once you see across what prices first cross Right these moving averages when prices come back down You can see that 100 hasn't been touched and the first time it's touched is this area Then we get a reaction the first time the 200 EMAs and SMAs are touched we get a reaction right again. It's not perfect prices come back up and this area here and Then we can keep going forward right and Then look at a bit more examples Where we can see prices can fall away here prices react around here Prices react right there Didn't get any reaction we did get a little bit of a reaction here and then prices cross Right so you can see when prices Cross and then we're looking for a first or second touch of a moving average Right and the same thing applies to the 21 and the 50 period moving average So let's just go through this We can see certain areas now. We don't know if it's the first touch or second touch, but you can see the edited touch here When prices cross above you can start to see prices react again, it crosses the 50 Then we get a reaction Crosses down get a reaction from the 21 Right crosses above Get a reaction crosses down Get reactions crosses above reactions Etc. Again, like any other support resistance Prices can get weaker and do get weaker the more times that level is touched Right, we didn't get the reaction that we probably wanted but prices came Crisis prices crossed down and came up to the The SMA right here after the first cross Again, it crosses higher prices react Round here prices react around here and so on and so forth. You can see pretty much what's been happening So with that being said again, what we're doing is looking for Supply and demand equations and it's the same exact logic when we're looking at Demand or supply zones in Confluence with moving averages who's Buying who's forced to buy or where the force demand and where's the willing demand within certain areas? So again, if we're looking at this price chart, we can see That traders who do use moving averages first touch Within this Demand zone you can see here that prices did touch for the first time after prices did cross here Right so this area here was the first cross and now we get a first touch But was that within the demand zone? No, so we're not looking at areas You know of moving averages within outside of these areas, right? I'm looking for moving averages within these demand zones the second time You know cross down, right and it crosses back up. So the first touch of the 21 within the demand zone Is where we're looking to you know establish longs and again looking at forced demand for supply Few Entering new trades, then this is gonna be at this area, then this is gonna be willing demand If you've bought up here Right, I'm sorry sold up here. I've got short and you're taking profit down here. This is gonna be forced Demand again traders use moving averages as profit targets Because it's believed that prices Once they go above or they go too far away They go quite a distance away from a moving average You will tend to get a reversion back to a particular moving average. So traders will take Short trades at levels and then try and trade them back to moving average Bounces so moving averages are also like reversion to the mean type Trades, right? So short trades. You're gonna be forced to do what? Take profit That's forced demand if you sold here. So that's forced buying willing demand from new traders who trade that kind of Reaction to move an average that the dynamic support and then we have value traders like ourselves You know, this is a demand zone where we want to be potentially long as well. And again the same thing if you sell Forced to take profit which is forced buying which is demand traders Gonna be willing To get in and then you've got value and again at each area from a technical analysis perspective What you're supposed to be doing is asking yourself what? Why is there gonna be more of a more demand and supply or more supply than demand right? Who is taking profit? Who is entering new trades? Why is there gonna be more supply at this level than demand, right? Or why is it gonna be more demand then supply and again, you can see you know further up we get reactions around these areas So Let's look at a supply zone level And again, we get the first, you know when the price is crossed down cross back up and cross back down All right now we're looking for Areas within this supply zone. That's the reasons why we want to be short If that's our fundamental bias, so we'll be buying a Japanese yen over the Australian dollar and you can see first touch of the The SMA 100 Right here you can see the first touch of the 200 EMA right here Again, it's a second touch within that area and again, we get reactions every time so we get dynamic support well, sorry dynamic resistance within an area of value again if you're looking to Buy here Trouble area is gonna be your foot your your moving average is your dynamic support and resistance Right, so you're gonna be looking to sell here forced Selling If you are a new trader looking to get in on that nice pin bar Right and with the confluence of the moving average You've got willing and selling so supply and then you've also got value traders like ourselves looking to enter here Right, so value. It's a net net. We should have more supply Yeah, more supply positive supply and less Demand at this area again, same thing applies for each, you know Reaction to the level So lastly one of the things you should keep your eye out on is round numbers and round numbers are basically psychological numbers my theory is that round numbers work because Our again off maybe our affinity and conditioning to round numbers For when we're young and into adulthood we tend to associate, you know Round numbers in all aspects of life. So for example when I go to the gym, you know, I might do sets of 10 reps, you know Or whatever it is or even from you know playing hide-and-seek with the kids You count to 10 right or count to 20 or whatever it is It's rare that you can count to seven or random number like 11 or whatever it is So I think that carries over into You know the the forex markets Maybe maybe not but that's my theory and whatever, you know, the theory is Whether you agree of it or not. I think that there is some validity to round numbers, right? And I do see it work. You can see it in news publications and financial publications where they kind of Will circle a round number is like a key level, right, you know for the exchange rate, etc, right? So if we move on to an example of this on the price chart and You know what we see is a level of demand and then we will see Traders who are again looking to either enter Right, so willing demand at certain levels Or they will be looking to take profit if they entered around here. So if you're selling again Then you'll be looking to take profit and this is forced buying at this round number and Again, if you're looking to just enter a new trade, then this is willing buying At this area again from a value perspective. This is value buying Which is what we do so net net we should have More demand at this level from a technical perspective, then we should have supply Who's gonna be you know selling at a round number, especially when prices have made You know this kind of move here. You're basically, you know selling at the At the the lows so we can see the reaction that it had Which is here, which is here and then from a supply perspective You can see the reaction that it did have as it had in the in the past Around here and this is around the 1.8 to round number and again if you bought around here or sorry. Yes, so I bought around here and You ended up having to take profit Around an area to take profit is forced selling sorry Then traders who just trade this round numbers is going to be willing selling And then you've got value selling from us. So again net net you should have more supply then you do have Demand at this level right but again This is just some extra confluence within this area right and again the supply and demand equation Just looking at who the motives of traders around these areas So just to recap What we were looking for is obviously for supply and demand or willing supply and demand Areas of support and resistance in the three Areas of support and resistance or categories of support and resistance are really horizontal diagonal dynamic and the round number is really just a bonus one that we Look towards right when it comes to looking at an area, and this is where you know, we're looking to trade So don't get this confused right because in earlier in the course we spoke about you know the the creation of You know a demand Zone right that's not to be confused with when we actually look to enter, right? So when we're looking to actually enter Right, so we have our our demand zone and our odds enhancers Right, so odds enhancers. We have a four main odds enhancers and then When we're looking at the supply and demand equation, right as to the reasons for our entries This is where we are looking at the psychology of other traders and why there should be more demand right at this level right if we're looking to Enter long and why there should be less supply from a technical Perspective remember the number one odds enhancer for any technical analysis right that we do is fundamentals and Sentiment to risk sentiment, right? So risk sentiment that puts you on the potentially the right side of the market and just my opinion that technicals are really just a reflection of the Fundamentals and risk sentiment, right? So again, I advise you to watch the fundamental analysis course to catch up on the fundamentals and it makes your life a whole lot easier not trading at levels of Supply and demand and China, you know, because basically that's like trading support and resistance without knowing what you know Where value is right if you don't know what value is and what what direction you should be buying then You know, it's the reason why a lot people fail the technical analysis solely because they don't understand the value, right? Anyway One of the things I wanted to touch on as well in the recap was just few notes, right so the more A support or resistance level is touched the weaker it becomes fine That's obviously the same thing with supply and demand and the more a level touched just basically Either lower your risk or don't take the trade, right and again Supply and demand really is the The most important thing what we're looking for, you know is is value, right? So we know that that's a supply zone Right. Everything else as far as supply and demand equation, you know comes second or third When when it comes to and I say second or third, I mean if for example This moving average has been touched, you know a few times, but we have a fresh level of supply Yeah, then I'm still going to take this trade based off of the fresh level of supply I'm not concerned that the fact that this is touched a moving average, you know three times if this is a fresh level And I've got fundamentals in my favor, right and sentiment in my favor Right, and it's the direction I should be trading if this supply level had been touched, you know several times For example, that's different, right and let's say for example the moving average is it only been touched once But this has been touched three times more than three times Then I'm gonna be less inclined to take the trade or I'm gonna take a very very small position If the fundamentals and sentiment are still in play, right? so funds I say I'd say Supply and demand zones come first as this represents value and then You know diagonal horizontal and Dynamic support and resistance are in addition to that when trying to figure out Why there are going to be more supply orders or demand orders at that area Secondly crowded exit right so crowded exit is Where you have traders that will be looking at a particular level, right and they will be looking to Exit just before Let's do that again Trying to go straight line, right? So let's say you got a reaction of that area here And what crowded exit is is you don't want to be left holding the back, right? You don't want to be left the trader who is You know trying to pick the absolute high if you've bought down here Traders are gonna, you know, basically look to exit anywhere once they make, you know the money that they You know they want to make from a risk-reward perspective so what you don't want to do is Look at a level and say it must touch absolutely touch, you know a Maybe a move in average. Yes, definitely you want to come within the supply zones and demand zones Before looking to take the trade But when it comes to maybe something like a move in average If you don't get necessarily the the absolute touch your couple of pips away from it Don't worry, right? If you see an entry, maybe put your stop Above, you know a proper distance above that move in average just so that if it does spike through It's just still actors potential, you know resistance within that area of potential supply, right? But a lot of traders going back to crowded exit Will look to take, you know profits early So maybe, you know again just keep in mind that if you are taking profit anywhere You don't necessarily have to always look to take it at the Absolute heights right and even entries don't necessarily have to be at the absolute highs And I guess the more experience you get as as a trader You will start to see where crowded exits start to happen and where crowded exits, you know If you get things like that and then what ends up happening is you tend to get, you know Diagonal support resistance from traders taking profit Potentially early or I would say necessarily a trend line. It's more like where you get the market where it's like It does something like that where it's like It's very it's not as horizontal, but it's not, you know, it's like slanted slightly where traders are constantly taking profit before the highs, right? So that is actually a thing so when taking profit just make sure that you're not left holding the bag and The market isn't perfect, right the market isn't perfect as you've seen from Many examples where, you know, you might get a level of Supply and then you might get a move in average. Let's say and then you might get You know, I don't know a level of potential previous You know support Turn resistance. Sorry about this drawing, but you understand what I'm saying You've got support there and then you've got a level of potential resistance Got move an average got a level of supply in this level here not necessarily there, but you've got it right there and The market will potentially, you know spike through right or go through and then, you know reverse back and Just because the market has, you know closed above a level, right Doesn't mean that the level is gone Right, it really doesn't and I know it's taught widely online But there is such thing as stop hunting. There is the zero-sum game in effect, right? For someone to win someone else has to lose. There are hundreds and that's hundreds and thousands hundreds of thousands You know of traders within the market position side. Everyone's jostling for position Market manipulation, etc. Going on right so for you to just you know, think that mark is gonna perfectly ping off of a Certain level, right, whether it be supply of demand to move an average, you know a diagonal support and resistance Or for even everything just to kind of line up within that area, right? It's the markets not perfect. What you should be doing is just looking at the price level Is that an area where you want to where you think that is value Please your stop loss where you think you're definitely gonna be wrong about the area, right? And if you are wrong, then so be it manage your brisk, etc. Right? Don't look to trade perfectly off of any kind of moving average or supply zone or horizontal support resistance or Old diagonal support and resistance All right, allow for some tolerance now Just want to get into maybe some examples couple of examples of You know putting it kind of like all together really so In this example, you can see where we have again Areas that have been Touched a few times All right, so you got that area there then you've got that area there and then you've got a massive move Traders will connect these levels Right connect that level and then project into the future as you can see we've got round number right here Got the supply zone from this area here we have Horizontal support and resistance where you've got support support support You can see the round numbers been reacted off of there. You've got bit of support here And now you've got some resistance so net net You've got loads and loads of resistance And supply say loads of resistance loads and loads of supply coming into the market From various different disciplines of traders. You've got the traders who would have bought around here Again taking profit forced to take profit at trouble area. So not only do you have willing supply Traders looking at pin bars looking to get short And then you have forced supply Right from around here And then you have obviously value Supply, you know looking to get into net net you should have areas of supply Why are traders? All right going to get long why is demand is the british pound undervalued here against the swiss franc Again, you would only determine that through fundamental and sent in resentiment analysis um Can we look at now for example? pound yen Where you have um horizontal support and resistance so you've got Area here you can see it there and there and you've got it there right got a bit right here and then Prices potentially should react from a horizontal perspective. You've got this diagonal area here again Traders would have been looking at That area here comes down bounces up Traders are definitely looking at This area here from diagonal support and resistance perspective And then what you also have within this area is first cross of this Moving average simple moving average to 200 right here and together with the Demand zone right so if you wanted to be a buyer of the Japanese yen again, let's go through the forced and willing Supply and demand orders Right if you've shorted anywhere around here short short short short short and pullbacks Right, it's the market made lower highs and lower lows Where people taking profit? tp right here Which is forced supply Sorry forced demand my apologies Forced demand because it's forced your foot. You take profit. It's a buy order. It's a selling market You've got diagonal and horizontal traders looking to enter new traders as well as Moving average traders. So that's willing demand Um, and then you've got value traders like ourselves value demand Right again who Why is supply coming into this market from a technical analysis? Perspective, right Let's uh go into one more This one happened recently Um where you have again some support So resistance resistance resistance support support prices come down into this area here. You've got horizontal You've got diagonal You've also got the 100 Full of this one right here First time it crossed hasn't been touched Right within this area And then we get The move. So why would there have been more supply in this area? Right when we've had Traders who went short here take profit here. So this is Buy orders new traders You trade these levels of support and resistance dynamic diagonal and horizontal Buying so that's demand and then value that's demand. Bye. Bye. Bye Bye. Bye. Bye. Bye. Bye. Now again situations like this aren't necessarily the most common you will have maybe two Um out of the three mostly um to get three out of three so for example dynamic Diagonal and horizontal all at the same time Isn't necessarily a Regular occurrence, but when you do get it It's something that you should be taking if it's again alignment with your fundamentals more than likely you will have One or two right out of the three, but if you do get all three then this is like an a one setup with your um With your fundamentals and sentiment analysis, right? So um, hopefully that helps again If you have any questions, just email me at info at training 180.com or skype me and um, we can have A chat about it. So take care and uh, speak to you soon