eBook Author

16. Event-Areas


 

Event-Areas: The Market’s “Remember That Time When…?” Zones

Alright, so you know how every town has those spots where “something always happens”? Like that corner where the ice cream truck always breaks down, or that park bench where all the best gossip originates?

Well, the market has those too, and we call them Event-Areas!

These aren’t just single Key Levels (the market’s favorite line in the sand). Oh no, an Event-Area is a whole zone on the chart where something historically significant went down. Maybe it was a massive brawl between buyers and sellers, a huge breakout party, or a dramatic collapse that left everyone stunned.

Think of them as the market’s “haunted houses” or “crime scenes” from the past. When the price revisits these areas, it often gets all antsy, dramatic, or even nostalgic. It might remember that big fight, or that glorious celebration, and decide to react in a similar fashion. So, when price enters an Event-Area, grab your popcorn, because the market might just be about to reenact history!