Thanks. The way I have been using demand and supply is to look for the origin of the move, the consolidation period where price is in equilibrium (consolidation) with the breakout showing the likely place where price go if it returns to that level (my profit point B was a first profit target but I didn't elaborate to keep my question short) . However, many times price may never quite make that area again but turn in the direction of the original breakout but within a WRB supply/demand area. So my understanding, is that sometimes, many sellers or buyers will congregate near the origin of the original breakout of the move, and at other times, the 'fight' would take place within the area of the larger breakout candle itself of the original move (the WRB).
I know one can't always be accurate with placing an entry within these zones but my difficulty would be to understand whether, when price comes back to a previous level of demand/supply imbalance, if price is more likely to reverse within the WRB zone or or within the zone of consolidation (equilibrium).
I understand that WRB does not indicate directional bias but rather a 'heads up' to potential reversal. Where as supply/demand imbalance at the origin of the move is more likely to imply a reversal depending on the strength (and other factors) of the original breakout move, away from the consolidation area.
I used to trade pull-backs from swing highs/lows (see Ross Hook, traders trick), and I am exploring the potential to use this method within WRB areas (similar to your example VTR trade shown in one of the other questions I believe).
You say to use an entry method within the WRB, which I could also use for the consolidation zones also, and if a set up occurs either within the WRB or at the area of consolidation the chance to get in will be there. I agree with you that multiple time frames could make the method more complex and open to mistakes. But with the consolidation entries the larger time frames are usually much stronger zones, but waitiing for a confirmation signal would get you in late and expose yourself to greater risk. So zooming into a smaller time frame from a higher time frame analysis would minimise that risk.
I am not sure whether your material considers the above scenario or whether your strategies consider this need for multiple techniques depending where price finds itself on the return to a WRB area, I suspect they do?
Your chart shows good use of supply/demand analysis from entry to exit (profit target). Thus, there's not much WRB Analysis Tutorials can do for your method except for the fact that the price action on your chart from point A to point B contains a key change in supply/demand as shown on my attached chart. That key interval qualifies as a WRB S/R Zone via one of the advance tutorial chapters 4 - 12.
In fact, if you go back to you data vendor charts and review the impact that the highlighted WRB S/R Zone had on the price action of GBPUSD...you'll see that it declined to a low around late Dec 2009 and then counter-thrust back upwards until Jan 19th 2010...that's where it reached that WRB S/R Zone and headed south again to deeper lows around Feb 19th 2010 after not being able to travers throught and above that zone.
That's one of the benefits of WRB Analysis...it's not about trade signals. Instead, it helps you isolate key price areas that you should not ignore when price returns to the WRB S/R Zone. Also, in tutorial chapter 3 that's part of the free trial...it explains how to use your trade signals as WRB S/R Zones.
As for your question about multiple time frames. I don't recommend using a time frame for a WRB S/R Zone that's different than the time frame of the trade signal for new users of the tutorials. Thus, I recommend that the WRB S/R Zone and the trade signal should occur via the same time frame because it's less work in trying to monitor zone and trade signals on different time frames. However, my opinion is different for veteran users of the WRB Analysis Tutorials...they can do whatever they want as long as they understand the risk because I think the odds are higher for a trade error when mixing time frames.
Thus, as soon as you identify a WRB S/R Zone...you just sit back and wait to see if price returns to the price areaa of the zone and then wait for a trade signal if/when such occurs while testing the zone.
so that your trade signals will determine if ithat doesn't involve your trade signals or involves your trade signals.