A supply level is where smart money like big banks and institutions often place their sell orders:
These are the best entry points for low-risk trades with good risk-reward ratio for traders.
It's the green buy and red sell and signals you see on these charts. These signals are based on price action, trend, and level strategies to give you accurate buy and sell signals.
They are often generated at tops and bottoms but can also be generated inside trend pullbacks.
So why do you want to find these entry points and trade this strategy?
It's because you often see strong price moves when price bounce on supply and demand.
That will give you good risk-reward ratio trades, which is key for an effective and profitable strategy.
The size of the orders from big banks and institutions creates big buying and selling pressure.