Everyday ask yourself how price traded today, did we work the high/low of the previous day? Or the day prior to it or the day prior to that. Were always referring to the last 3 days
Its all about context Weekly, daily, 4h suggesting lower prices → price trades up into a premium array and its during a retracement up → trades above PDH → we can be a seller
Second time:
We always refer to the last 3 days, counting today as day 1.
Did we work the previous daily high or daily low?
When is it when were really looking to buy below a PDL and sell above a PDH?
HTF institutional orderflow will assist us here, and when we look for a retracement we look for pricce to trade below a PDL and into a discount array
We look for confluences as to why we should buy below the PDL, we look for a discount array. We dont just buy below a PDL, there has to be context
Theres context, we have to look at what institutional orderflow is indicating, in this case we look at institutional orderflow on the week daily and 4h suggesting prices will go lower, if we have that and prices trades into a premium array and its during a retracement, so it has been moving lower and now retraces a bit. Once we get to the premium array thats what you couple it with then if it trade above the PDH then we can be a seller