price might want to continue higher it might want to continue heading towards a premium array on The Daily time frame which was we first off have this fair value Gap right there and then afterwards we of course have this high right there as our ultimate draw on liquidity so let's stick to that high driving back into the one hour time frame we have this expansion but what can price now do what can it retrace towards first off what is the range that is causing that move higher that is causing this expansion higher it is what
Question
price might want to continue higher it might want to continue heading towards a premium array on The Daily time frame which was we first off have this fair value Gap right there and then afterwards we of course have this high right there as our ultimate draw on liquidity so let's stick to that high driving back into the one hour time frame we have this expansion but what can price now do what can it retrace towards first off what is the range that is causing that move higher that is causing this expansion higher it is what
Solution
The question seems to be about predicting the movement of a price in a market, like stocks or foreign exchange (Forex).
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First, we need to understand that the price might want to continue going up. This could be towards a 'premium array' on the Daily time frame. A 'premium array' is a term used in trading to refer to a price level that is higher than the current price.
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Next, we identify a 'fair value gap'. This is a point where the price has jumped up or down, skipping over a range of prices. In this case, we have one such gap.
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After the gap, we have a high point. This is the highest price reached in the time frame we're looking at. This high point is our 'ultimate draw on liquidity', meaning it's the point where most trading happened.
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Now, we go back to the one-hour time frame. We see that the price has expanded, meaning it has gone up.
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The next step is to figure out what the price can do now. It might retrace, which means it could go back down to fill in the 'fair value gap'.
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To predict this, we need to identify the range that caused the price to move higher. This range is what caused the expansion.
So, in summary, we're trying to predict whether the price will continue to rise or if it will fall back down to fill in the gap. We do this by looking at the range that caused the price to rise in the first place.
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