$BTC


Every trader plays scenarios in their head. "What if we rotate down to take out today's low?"
I've built something that shows you what that scenario actually looks like based on similar days in history.
It finds days with a matching price-action profile, then overlays the path the successful outcomes took.
In this example: days that ended up taking out the daily low typically consolidated 8AM–1PM UTC, then accelerated into the lows after 1PM.
It only plays out 27% of the time, not a high-probability setup per se. But now you know what the reaction should look like.
No acceleration toward the lows in the next hour? The daily low is most likely safe.
BTC0.07%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments