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How to determine daily bias using candle closures:
29,910 views • 1 year ago •via X (Twitter)
10 Comments

Thanks for this! I am going to backtest this much more. Thank you Big Charts!

Let’s goooo **big char***

Great video man , thanks 🙏🏾🫱🏾🫲🏽

Of course!

Love it broo, thanks for this video

Short and precise.A big thanks

I have two scenario to be asked - 1. What if the price doesn't take out the PDH or PDL and remains as Inside candle. 2. What if the price takes out both PDL and PDH and still body closes between inside the previous candle range. What will be your bias in those time ?

No trade that day

This doesn't make sense, if Day 2 wicks above Day 1 Hi but closes beneath it, how is Day 2 Lo the target for the next day if Day 2 closed near its Lo? So on Day 3 session you take a Long to target Day 2 Lo or wait for Price to go above Day 2 Lo then reverse & place a Short?

If Wednesday closed below Tuesday's low, target Wednesday's low on Thursday (PDL bearish continuation) If Wednesday closed above Tuesday's high, target Wednesday's high on Thursday (PDH bullish continuation) If Wednesday swept below Tuesday's low and closed above, target Wednesday's high on Thursday (bullish reversal profile) If Wednesday swept above Tuesday's high and closed below, target Wednesday's low on Thursday (bearish reversal profile)
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