SNRC 1 & 2 | SUPPLY DEMAND METHOD | FOREX TRADING | NORA BYSTRA | MANSOR SAPARI
YouTube transcript, YouTube translate
A quick preview of the first subtitles so you know what the video covers.
hey everyone i'm david or ghost fx if kids if you haven't noticed today i'm going to show you a brand new um really really cool but it's not brand new uh it's actually two setups which is snrc one and snrc two which is essentially uh a continuation pattern in supply and demand but before i start with anything i have to show you what how to understand it and what are you searching for for these setups you have to understand one thing is that you are always searching for these things you are searching for the ssr without this you you cannot find the key level you cannot find the supply and demand well you can't find the supply and demand but you need it in line you got s1 s1 s2 whoops what you need to understand which is really important is that if there is one support it does not make it significant if there is at least two i'm going to say this again if there's at least two it makes it significant same goes with the resistance then this level becomes now your ssr line now that that is done for the ssr the base is very simple you are looking for a three candle pattern just drop base drop rally base rally rally base drop and drop base value this is your base this is very key for a gulf bank candlestick pattern if it is something like this for example you have this this is what i'm talking about engulfed the base engulfed right so you have to picture that all of these bases have been engulfed the same goes here uh drop base drop rally base rally we can put rally base drop again the drop will be engulfed the third candle has to engulf and the same here so here's no drop you put your green