Yeah, they're all key changes in supply / demand. I was too lazy to colour code the bottom one a different colour as something different that will push prices back upwards but I didn't know how many of those other ones (above) the price will push upwards thru. These days I just use the same colour to keep it simple because I now hate annotating charts which is something I use to love to do prior to 2015 or 2016. Nowadays I just slap on my key changes in supply / demand areas...same price action chart although others use different names for their supply / demand analysis. wrbtrader
c'mon, what's the reason that you drew that bottom one, it worked like a charm. i won't tell anybody, lol. are the bars based on volume, tics, number of trades? c'mon spill the beens. lol
WRB, post an updated version of the your purple band chart, give traders a view of how your bands perform on the way up. were they groovin? Thx