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Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated: 1 00:00:00,680 --> 00:00:06,630 K we're starting to get deeper into our higher probability levels and we'll start talking about swap 2 00:00:06,630 --> 00:00:13,210 zones now which our previous support that turns the resistance and vice versa. 3 00:00:13,520 --> 00:00:15,740 The same applies for supply and demand. 4 00:00:16,110 --> 00:00:20,650 OK these are levels we could use to train them from. 5 00:00:20,870 --> 00:00:21,170 Right. 6 00:00:21,170 --> 00:00:22,340 You see these patterns 7 00:00:25,100 --> 00:00:34,030 many times. 8 00:00:34,100 --> 00:00:35,140 All right. 9 00:00:35,210 --> 00:00:37,270 The word is used to be support here. 10 00:00:38,040 --> 00:00:39,390 And it become resistant. 11 00:00:40,550 --> 00:00:46,380 Let me first explain to you the psychology behind why these levels work. 12 00:00:46,570 --> 00:00:52,890 Right so remember guys there by sitting over here right. 13 00:00:52,950 --> 00:00:53,990 And what happens here. 14 00:00:55,900 --> 00:00:59,650 The buyers realize that they're wrong because they stopped out right. 15 00:00:59,650 --> 00:01:02,470 Most people were placed in stocks below this level here. 16 00:01:03,760 --> 00:01:09,500 So these buyers have not realized that they're wrong and the market is indeed going to the downside. 17 00:01:10,250 --> 00:01:11,330 OK. 18 00:01:11,330 --> 00:01:13,820 And then they're looking to re-enter. 19 00:01:14,000 --> 00:01:19,350 Where do you think that re-answer the sea level where they are stocked up. 20 00:01:19,350 --> 00:01:20,440 Why. 21 00:01:20,520 --> 00:01:28,720 Because it's a pain inflicted level where they have previously taken a loss and been stopped out OK 22 00:01:29,620 --> 00:01:37,010 so they will use the same level to re-enter say so hungry. 23 00:01:37,270 --> 00:01:38,140 Oh my God. 24 00:01:39,410 --> 00:01:40,060 I just stop it. 25 00:01:40,080 --> 00:01:41,290 One hundred. 26 00:01:41,290 --> 00:01:45,030 Now it's back to 100 OK. 27 00:01:45,040 --> 00:01:50,780 I'm going to use this opportunity to get Shorey right. 28 00:01:50,810 --> 00:01:54,530 Simple as that little scenario here. 29 00:01:56,700 --> 00:01:57,010 OK. 30 00:01:57,420 --> 00:02:01,230 That said this is the same $100 bill signori. 31 00:02:01,880 --> 00:02:02,260 OK. 32 00:02:02,280 --> 00:02:06,740 So when Price first approached the 100 level stock. 33 00:02:07,080 --> 00:02:07,350 Right. 34 00:02:07,350 --> 00:02:09,500 Because most people would take in the profits. 35 00:02:09,670 --> 00:02:09,960 Right. 36 00:02:09,960 --> 00:02:13,120 So I was thinking this is a good place to sell. 37 00:02:13,260 --> 00:02:22,500 Wait a minute the bulls are going broke through back and these buyers are now taking the profits of 38 00:02:22,610 --> 00:02:23,950 the answer. 39 00:02:24,150 --> 00:02:27,450 Where do you think they re-enter the 100 right. 40 00:02:27,580 --> 00:02:29,800 Because it used to be resistance. 41 00:02:29,800 --> 00:02:33,930 This is a level which they remember which was a ceiling for them. 42 00:02:34,030 --> 00:02:35,770 The right answer on the 100. 43 00:02:36,180 --> 00:02:37,760 Hoping that prices will go up. 44 00:02:37,760 --> 00:02:38,150 Right. 45 00:02:38,160 --> 00:02:39,310 So this is a pullback. 46 00:02:39,480 --> 00:02:40,290 They will look for 47 00:02:43,110 --> 00:02:49,000 and don't forget that there are sellers here as well who were stocked up previously. 48 00:02:50,120 --> 00:02:55,510 And now we're looking to re-enter and join the Bulls OK. 49 00:02:56,570 --> 00:02:58,600 So let's see how they look like them the church now. 50 00:03:01,880 --> 00:03:06,470 Here's a live shot of X A New Year's Day which is cool. 51 00:03:07,240 --> 00:03:10,770 Let's try and spot these suppositions here. 52 00:03:13,540 --> 00:03:15,590 We have a support line over here. 53 00:03:20,700 --> 00:03:26,770 First broke down so came back to the resistance 54 00:03:31,840 --> 00:03:32,750 the other one here 55 00:03:37,540 --> 00:03:45,520 dropped by Israeli friends broke through it becomes supplier 56 00:03:49,070 --> 00:03:50,230 is real. 57 00:03:50,230 --> 00:03:54,490 With enough practice you should be able to draw them very easily. 58 00:03:54,490 --> 00:03:59,520 Right as I'm scrolling through the track you should be able to spot them already. 59 00:04:01,980 --> 00:04:03,830 You see this I'm 60 00:04:07,560 --> 00:04:10,650 said they're all your supplier to tangle here. 61 00:04:12,720 --> 00:04:14,660 OK TO DIE. 62 00:04:14,900 --> 00:04:18,090 Human resistance support 63 00:04:20,880 --> 00:04:22,900 bends over and over again. 64 00:04:22,970 --> 00:04:23,620 Another one here 65 00:04:28,840 --> 00:04:30,310 right ceiling. 66 00:04:30,550 --> 00:04:35,240 So your kid by now you should be able to see the pattern ready. 67 00:04:35,530 --> 00:04:37,400 And let's move on to next Mario. 5196

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