Market Analysis and Trading Strategies

All right, so we have the market trading down into a very, very deep discount.

If you look at the range low here,

why am I not picking this one here?

Because this move started there.

Okay, that's what I'm looking at, this move.

These are relatively equal lows,

so I'm just gonna move over to the most recent swing low.

Why is this a swing low?

It will candle to the left of it that has a higher low than this one,

and a candle to the right of it has a higher low than that one.

So that's swing low, that one here to here, that's my daily dealing range, okay?

Market has recently retraced back down in, about 50%

equilibrium of that price move, okay?

So that's what we're annotating here, about halfway is really a sense of what's being shown.

And also, because of that, the market is likely to create a little bit of a retracement.

So because this daily chart has retraced down into about half of the move from that low to that high,

so we basically went back to equilibrium, or roughly a short-term, what, discount.

Because of that, there's a likelihood that the daily bias is going to be bullish on this day here, and this here.

Now, we're gonna look at this candle, because midpoint of this candle, that right there is the mean threshold.

Mean threshold is the half point, or median of a order block.

That right there is rooted on this up-close candle.

Why am I using that up-close candle?

Because from this high, down into the 50% retracement of that low and high, where the market goes back to equilibrium, or short-term discount,

that means the bias has a likelihood, now, folks, listen.

You wanna be taught about bias? I'm teaching you, listen.

You went down to equilibrium, or short-term discount, the next day, we can expect it to go higher.

So what do we do with that information?

If it's likely to go higher the next day, or the day after that, what happens if the next day is down, or if it doesn't move?

Okay, you go into the next day expecting it to go higher.

This, it just so happens that what I outlined on Monday panned out.

But that's what I'm referring to every single week. I'm outlining something.

This is your premium array.

That means it's gonna draw up into that.

It could be this candle's low, because it's the order block, bearish order block.

Why should I be concerned about this candle?

Because in this move here, right before this displacement on the downside, this was the last up-close candle.

So you have several targets here.

You have the candle low.