Level Reactions

Reading the First Touch

Defining a zone gave you a band the market should respect. Whether it actually will is a separate question, and the answer arrives the moment price returns to it. A drawn level is theory. A reaction is fact. When price reaches the band you drew, the market votes on whether you were right, and the vote is cast in price action, in volume, in delta, in the current beneath them. Reading reactions is the skill of recognising that vote in time to act on it.