How to trade demand zones - Rally Base Rally and Drop Base Rally.

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RALLY BASE RALLY
BTC/USDT daily chart - RALLY BASE RALLY

Above is an example of a Rally Base Rally demand pattern.

The pattern is having ...

1. One leg-in candle in green.
2. One leg-out candle in green.
3. Two base candles in blue.

In the 2nd candle after the leg-out candle, the price came down touched the demand zone, and went up.
This indicates that the demand zone had some pending buy orders.

BTC/USDT daily chart - DROP BASE RALLY


Above is an example of a Drop Base Rally demand pattern.

The pattern is having...

1. One leg-in candle in red.
2. Two leg-out candles in green.
3. One base candle in blue.

The price came down touched the demand zone, and went up, this indicates that the demand zone had some pending buy orders.

Below are the features of a powerful demand zone.

1. Should have 1-3 base candles.
2. Should have two or more leg-out candles.
3. Should cross and go above one or more recent resistance levels.
Location: Hyderabad, Telangana, India

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