You're right. Zones are meant to be used with other factors - confluences. I never just use one factor to trade. I always use something like - Supply zone + price rejection at zone + bearish momentum + retest + NY market open = 5 confluences. High probability trade. That's what does it for me.
For me, volume down % and volume up % confirms the color of a closed price bar. IOW, for me, serves no purpose. Of more interest, and more akin to PRV, would be the rate of change of the percentage changes as a bar is forming. I use a 3 minute trading chart. My PRV monitoring interval is 20 seconds, 9 readings per bar. The time frame is not important. The monitoring interval generates/updates the PRV expectation for trading purposes. Obviously, I have this automated... it's relatively simple code, at least for me. No intent to hijack your thread... merely voiced MY opinion about what YOU presented and the words YOU used to describe it. I (still) think that's what ET and other social media are for. Anyway... All the best in your endeavors.
Hold, keeping a close eye on momentum looking for signs of Reversal (including Volume if trading longer term Charts)?
But hold wasn't the plan. I was kind of hoping to get the OP to work off the right side of the chart.
Supply and Demand zones are a bit like RSI, great when they work, but when the Fundamentals change they give bad signals.
Would you please take an old chart that's already marked up with S/D zones and overlay 200, 50ma's and an 8ema along with floor pivots? Curious whether coincidences occur where impulse moves emerge.
A question if I may, aberz. What are the guidelines for drawing supply demand zones? Maybe post up a few more examples? Here's one that lasted all day today.