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Demand Zone Explained: Why Long Bullish Candles Matter in Trading 📈💡 #TradingTips #DemandZone
9 months ago
18
Clear Indication of Buyer Dominance: A long bullish candlestick within a demand zone indicates that buyers are overwhelmingly in control, pushing the price higher with strong momentum. This reflects strong demand at that price level.
Increased Buying Pressure: The presence of long bullish candles shows that there is significant buying pressure, often leading to a quick upward price movement, as sellers are outnumbered by buyers willing to purchase at higher prices.
Potential for a Stronger Reversal: A zone with long bullish candlesticks often suggests a more robust potential for price reversal compared to zones with small candles, as the strength of demand is more pronounced and likely to hold up in future price tests.
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