If you have the time... Is this mark up of Demand/Supply correct for OCC pls?
Aside from the accuracy of the levels I've drawn, does the relevance of a (demand or supply) zone "terminate" once it is closed off (fully traversed by) a candle of opposite colour? For example, at (1) along the 0.60 level, but more significantly, at (2)?
I would guess not, ie. the zone's influence remains present further to the right of this intersecting candles, even if with diminished "power"
