A LT Supply Zone (Long-Term Supply Zone) in trading refers to a significant price level on a chart where sellers have previously overwhelmed buyers, leading to a strong downward price movement. These zones are identified by areas where price has made a sharp drop after a period of consolidation, indicating a concentration of selling pressure. Traders often watch these zones for potential reversals or breakouts, as they can act as key resistance levels in the future. The concept is commonly used in supply and demand trading strategies.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.