What can be a consolidation on 1 timeframe can be a trending one in another
For one shot one kill were going to be focusing on the 4h chart, 4h chart is the easiest for one shot one kill and will give us all the insights
If we want to go long and it happens at a quadrant level you’ll see high probability movement to an opposing level
The weekly range shaded in yellow
Think about the power of 3
And look at the response at the quadrant
It moves from logical discount to logical premium
The quadrants act like magnets
If it breaks trough a quadrant it will likely reach for the level above or below ofc, depends on the direction
Where will price reach for when it is in a premium market and where will it reach for when it is in a discount market, ask yourself this every week. What PD arrays will it reach for?
By looking at the PD arrays on a 4h chart you can anticipate what the weekly range will do in a completed sence, what the market looks like after the close on friday. Try to anticipate what the weekly range will look like, this will build your anticipatory skills.
When price drops its not just looking for support, its looking for an old institutional orderflow level and its going to be in the form of a PD array