Construct Formations
Sort the candles in each activity below to match the formation label. Drag the candles to sort them.
Locate Formations
Select a formation type and use its controls to highlight the corresponding formation on the chart. Once you have highlighted each formation on the chart, click Check Regions.
Create Supply and Demand Zones
You can make basic supply and demand zones by outlining the highest and lowest price of the base candles in these formations. For example, in a Rally-Base-Rally formation, the top line of the demand zone would be at the highest price of all the base candles and the bottom line of the zone would the lowest price of all the base candles.