Dropbasedrop
📊 DBR & Demand Zone📍 What is Drop Base Rally in Trading?
The drop base rally pattern in technical analysis is a chart pattern that appears when the market falls, then enters a period of sideways price action, and finally, shows explosive upward movements. Market makers open buy orders from demand zones to have a long position in trading. This is some kind of study for technical analysis known as DBR. These patterns are the basis of supply/demand logics. In the showcased example, after a steep drop, the sale finally stopped, leaving bulls the option of buying at lower prices. However, purchasing power at that point was insufficient to reverse the market. Instead, the market starts moving sideways because neither buyers nor sellers could defeat the other party. Eventually, the price action entered the demand zone that was formed and recovered back to higher prices.
📍 How to identify Drop Base Rally pattern?
The drop base rally pattern contains three waves. As shown in the figure above.
🔹 Bearish wave: Drop
🔹 Sideways wave: Base.
🔹 Bullish wave (rally).
📍 Demand Zone
A demand zone is a price level where a significant amount of buying interest or demand for an asset is believed to exist. Traders use demand zones as potential areas of support where buying pressure could increase, causing the price to rebound or reverse. As shown in the example above, we entered a long trade once the price action reached that demand zone, with the entry being inside the zone and the stop loss below the zone.
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Drop Base Drop Pattern | Next MoveWe have a drop-base-drop (DBD) pattern.
Once the price exited from the 'redistribution zone', not all sell orders were filled and there was still open interest at this level; so it pulled back to retest.
Here we have the "Evening Star" bar pattern and the TD9.
Target are displayed on the chart.
Bitcoin | Drop Base Drop PatternWe have a drop-base-drop (DBD) pattern. It's a common continuation pattern.
The support level (redistribution zone) is broken.
Targets are displayed on the chart.
Gold is on a drop base drop Gold has reached a drop based drop situation as I have marked the Order Block could be next support so have a take profit slightly above the zone to avoid chaos.
Good luck Traders
EURNZD 8/11/2021 POTENTIALLY FORMING DROP BASE DROPDISCLAIMER ON, this is my personal trading plan , eurnzd potentially forming drop base drop, so my trading strategy is SELL STOP:1.61188 SL MAX:1.62278 TP:1.58330
EURNZD BEARISH CONTINUATION 18/10/2021This is my personal perspective and personal trading plan, EURNZD entering end of phase B, and breakout from the base, EURNZD potentially drop till classic support (TAGET PRICE 152.395) ------- SL MAX (169.235)
GOLD BEAR or BULL?? whatever ...like my analysis before bullish flag.
The Resistance 1835 and gold still in bear trend.
The price can't through above it so this price go down until DBD area before at 1718-1715 (support area).
wait and see..
Love XAU....
Keep Money Management ...
Trade Wise >>>
Good Luck :)
USDJPY analyze 1H Time frame!Hello Everyone if you like idea, do not forget to support with a like and follow!tnx
GBPUSD - SELLGBPUSD is moving to test Daily POI.
Place sell limit or, Sell when it comes closer to the entry point.
Thank you!
Bears or Bulls? The first pillar of using patterns is recognizing the types of breakouts. And the first pillar of using Fibonacci retracement is knowing the range of the Market. Fibonacci can't be used in every wave; First, you should know the price range, and then draw the Fibonacci retracement. In this chart, We have Drop-Base-Drop(DBD) after the breakout, and the golden zone is in the 50-61.8 levels of the Fibonacci. Good luck.
Bitcoin should hit 64k with a push through structure at 63kSince price already hit and left the 50-61.8% level, it should continue in the uptrend at least to the 64k level before a retracement. It will likely push past since it has already spent considerable time there. Look for additional TP at 65625 R8 Level.
There is a drop base drop at around 63k that it will have to push through but looks likely.
Bearish top down analysis multiple times frame analysis drop base drop ...and in h1 lock like Quasimodo ,,, so waiting foe new york session for entry..
Bearish top down analysis TOP DOWN ANALYSIS .. INSITUTIONAL ORDER FLOW BREASH ..WATTING FOR NEW YORK SESSION FOR ENTRY ..
USDJPY D1 SUPPLYThis is a low probability supply zone. If this pair keep pushing up without stop, there can be a chance of a good bounce. BUT if doesn't rally up.... forget it
GOOD SUPPLY ZONEThere is many several type of zone in supply and demand trading method . One of that is DROP BASE DROP or DBD . DBD is type of countinuation base . characteristic of DBD is when the bearish movement is continue after a drop . the significant of this type of supply base , we can determine where is the good price to enter the position after the price reach the zone . AT the chart we can see the price is pushing downward after reach the DBD zone .
