Question about how to grab candles for demand/supply zones
Hi, I'm having some issues knowing exactly which candles to grab for supply and demand zones. I'll show a picture of an example so i had some supply in yellow and around 12:00 that day it closed above the supply. So i was trying to draw demand. I've made rectangles around where i possibly would draw the demand, one in green, one in blue, and one in purple. If i were to grab the green candle, my logic would be "this is the preceding downward candle before the move above supply" but i thought maybe I should capture a candle from the beginning of the entire bullish move, from where the last bearish move ended. is that right? so the blue and purple zones are that. with the blue zone i grabbed just the candle that preceded the bullish move up. but i also thought maybe, that only that candle wouldn't have represented the bearish move downward before the bullish move so i thought maybe i should grab both of the downward candles before the bullish move up, which is the purple zone. any body have any thoughts on this? I was hoping to fine tune my studies to the point where i have a definite system to deal with something like that. i couldn't tell if kyle presented that in the course, I've heard him say "grab the preceding move" but sometimes im not sure of the logic behind which preceding move to grab. thank you!