See those value areas. Watch how close they are to one another. They practically merge into one single value area the value areas in the above chart as being small value areas or sideways price movements above and below a shifting control price. shifting value area’s low provides strong additional meaning to this control price as the shifting value area’s low coincides with the control price.


The market is not facilitating trading in that area above the control, marked with this white arrows. Why?
+6 Reply
ElizaWilson shahkanchan
@shahkanchan, Because there are no buyers there anymore. The trading activity remains confined between the control and value area low, providing us with clues about supply and demand location once again. The supply is now at the control price and the demand at value area low.
@ElizaWilson, Agreed
shahkanchan ElizaWilson
@ElizaWilson, thank you for the information about
@shahkanchan, no, its ok.
What are those Yellow and Green line? Did you draw those manually or you used some indicator?
+3 Reply
@rsdesai005, In fact, i have code some indicators but this is manually.
Great!! Value areas are the core lookout points for predicting Trend direction effectively. Infact that's what everybody is chasing.
This is not 3D, rather a 4D Chart. Keep posting & educating.
+2 Reply
@atrehan, thank you.
+1 Reply
Strong price always back to channel but in this case, shorter will get fear
+1 Reply
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