Topic 16: Finished/Unfinished Business (The Footprint)

Core Concept

• Price moves up until nobody wants to buy anymore, down until nobody wants to sell
• Finished auction/business: zero bid at highs OR zero offer at lows = no supply/demand at that point
• Unfinished business: non-zero values at the extreme of the candle (e.g., 49x83 at the top)

How to Identify

Finished Business

• Zero on the bid at the HIGH of the candle = sellers exhausted, auction complete
• Zero on the offer at the LOW of the candle = buyers exhausted, auction complete
• Indicates supply/demand fully consumed at that point

Unfinished Business

• Non-zero values at the high or low
• Price is likely to return to that level to "finish" the auction
• When price pulls back and we get a zero at that level = auction now finished

Trading Application

• Not a trading strategy by itself
• Gives CONFIRMATION with deeper look at supply/demand dynamics at different price points
• Unfinished business levels = potential retest targets
• Price tends to return to finish unfinished auctions

Images

Video

• Duration: 24:46 (longest video in the course)

Homework

2 examples of finished or unfinished business on chart.

Key Takeaway for Bot

• Unfinished business at a level = price likely to return (target level)
• The "last test" pattern in the gold lessons = price returning to finish unfinished business
• Bot can track: does this level have zeros at the extreme? If not → expect a retest
• When retest happens with high volume + delta shift = entry signal