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π Previous Day's High (PDH) and Previous Day's Low (PDL) in Trading [Tradingfinder]
Tradingfinder
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5 weeks ago
#tflab
#tradingfinder
#forexeducation
#tradingtips
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#pdhandpdl
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#priceactiontrading
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#forextrader
π At TradingFinder, we show how PDH and PDL serve as key levels for intraday traders.
π These zones indicate where price may react, helping to understand market behavior and potential reversals.
π Marking the previous dayβs High and Low gives traders clear reference points for direction, breakouts, and trade setups.
π― Using PDH and PDL helps structure daily price analysis.
π Now available on TradingFinderβs official website.
#tflab #tradingfinder #forexeducation #tradingtips #intraday #pdhandpdl #smartmoneyconcepts #priceactiontrading #marketanalysis #traderlife #financialmarkets #forextrader
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00:00
This is the easiest way to find daily bias. Smart money leaves clues in the previous day's candle
00:04
and here's how to read them. For a continuation bias, you're looking for the daily candle to
00:09
close with the body above the previous day's high. The next draw on liquidity is the next
00:13
daily high. You want to look for a one hour or four hour fair value gaps in alignment with that
00:18
to enter long towards there. For reversal bias, if the daily candle sweeps previous day high
00:23
and close with a body below, the next draw on liquidity is likely going to be previous day's
00:29
low. You want to look for one H and four H fair value gap pointing lower to position yourself
00:33
shorting comment CSL.
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