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K we're starting to get deeper into our higher probability levels and we'll start talking about swap
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zones now which our previous support that turns the resistance and vice versa.
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The same applies for supply and demand.
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OK these are levels we could use to train them from.
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Right.
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You see these patterns
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many times.
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All right.
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The word is used to be support here.
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And it become resistant.
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Let me first explain to you the psychology behind why these levels work.
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Right so remember guys there by sitting over here right.
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And what happens here.
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The buyers realize that they're wrong because they stopped out right.
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Most people were placed in stocks below this level here.
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So these buyers have not realized that they're wrong and the market is indeed going to the downside.
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OK.
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And then they're looking to re-enter.
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Where do you think that re-answer the sea level where they are stocked up.
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Why.
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Because it's a pain inflicted level where they have previously taken a loss and been stopped out OK
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so they will use the same level to re-enter say so hungry.
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Oh my God.
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I just stop it.
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One hundred.
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Now it's back to 100 OK.
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I'm going to use this opportunity to get Shorey right.
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Simple as that little scenario here.
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OK.
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That said this is the same $100 bill signori.
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OK.
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So when Price first approached the 100 level stock.
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Right.
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Because most people would take in the profits.
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Right.
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So I was thinking this is a good place to sell.
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Wait a minute the bulls are going broke through back and these buyers are now taking the profits of
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the answer.
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Where do you think they re-enter the 100 right.
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Because it used to be resistance.
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This is a level which they remember which was a ceiling for them.
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The right answer on the 100.
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Hoping that prices will go up.
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Right.
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So this is a pullback.
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They will look for
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and don't forget that there are sellers here as well who were stocked up previously.
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And now we're looking to re-enter and join the Bulls OK.
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So let's see how they look like them the church now.
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Here's a live shot of X A New Year's Day which is cool.
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Let's try and spot these suppositions here.
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We have a support line over here.
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First broke down so came back to the resistance
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the other one here
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dropped by Israeli friends broke through it becomes supplier
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is real.
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With enough practice you should be able to draw them very easily.
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Right as I'm scrolling through the track you should be able to spot them already.
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You see this I'm
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said they're all your supplier to tangle here.
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OK TO DIE.
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Human resistance support
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bends over and over again.
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Another one here
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right ceiling.
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So your kid by now you should be able to see the pattern ready.
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And let's move on to next Mario.
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