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The supply and demand zone is an important concept in trading. The price of a particular stock will fluctuate between these two zones. A trader should look for a high reward-to-risk ratio when entering a trade. In most cases, the entry point is in the middle of the supply zone, while the stop is in the demand zone. The target should be at least two or three times the risk. The rules for drawing a supply and demand zone are different for each trader.
The formation of a trend follows a pattern called the drop-base-rally structure. This pattern occurs when price makes a low-priced base before rallying upwards. The supply zone is located on the far left side of a chart, while the demand zone is in the middle and right sides. These areas are known as support and resistance levels. Support levels appear when a downward trend hits a pause. A supply zone can be an excellent re-entry point if the price retraces back to the supply and demand zone.
The supply zone is the price area where many traders and investors are willing to sell their stocks. The price will eventually hit this zone to fulfill the unfilled orders. However, this cycle repeats until all the unfilled orders are filled. To identify a supply and demand zone, the price will show a strong lineup of candles moving up or down.