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It's time to talk about Breakaway gaps and balance price ranges and will be including a new
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Pdra
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Breakaway caps and redeliver to rebalance.
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So at most of you probably haven't heard about her rdrp or redelivered rebalance.
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Concluded
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In this lesson
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And this will be also very nice
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To include Into Your Arsenal to identify certain Breakaway cups
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So a bullish balance price range by definition is a portion of price action that has delivered by Psy
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Cell site
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And then by side once again
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So
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Instability
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Down
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And then up again
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Inversely a bearish balance price range
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By definition is a portion of price action
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But has delivered cell site
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By side
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And then sell site again so
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It's a blister tea
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Down
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Up
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And then down again
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Now it's got this
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Nice depiction of how it looks like
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With candlesticks right so
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We have this first Kendall going up
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And really look at what it does right so it offers by side
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Right making that's wake up and at this point when it's a it's a full body candle
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Right but then
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Offers cell site again
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Going all the way down and then closing here so what happened inside this week it offers by side and sell
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Right so
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With an X camel open its offers buy-side once again so again think about that Simplicity right it's
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Up
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Down
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And then next Kendall up again so this
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Piece of price action over here
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Has been fully balanced right
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And then
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If this occurs
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And price action starts with red back into this range again it's already a balance price range right so if they're
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There's a bullish for Philly get below us this can remain open
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Same for a bearish for a bearish rebalance
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Redelivered price area right
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This is a bearish candle right so
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What does it do first offers cell site
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Right
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Full body Scandal over here but then goes back up all the way again so what does it do when it goes back up again
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It offers by size right and then with the next camel
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We've got this
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Cell site offered once again so again think about the Simplicity right
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Down
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And then once again
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Down again
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So this Ariel price action has been balanced so
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This frivolity kept will stay open because there's some balance price range below it
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The redelivered rebalance pdra
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Night so now we can
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With higher probability determine if certain Fair Valley gifts they open or not
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You can draw the lines in this balance price range so this BPR for short right and then
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This looks like a fair value Gap right but we know this is a BPR
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And it will be
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Highly likely price can reject from this area
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Same with the sell-side
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B takeout
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Take a line from the opening
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Again
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Same with the sell-side right take a line
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From this
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Closing price of the Scandal
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And then the week
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Afterlost Kendall and then you got this
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Pizza Lefferts rebounds pdra
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How does it look like with a price action chart we've got the u.s. dollar index for
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Flower chart
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Over here
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I don't think
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About this
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There is a fairly good. But it is a breakaway get
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Now why is it the Breakaway Gap we just learned about this new. Rewrite the redelivered rebound
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Pdra
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So again this Kendall
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Delicious By site write-up
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Then down again and then a Mexican lol
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Once again app
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So if up down
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Up balance price range over here so
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If there's a balance price range over here
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This Gap doesn't need to get reprise into right because there is a balance price range above it already so
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Surprise can reject
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Go into there and reject and continuous way up
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And we can use this little schematic over here right
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Which we covered in the previous slides
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Right again up-down in the next Kindle app
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Forming death balance price range
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Again you can see the Dover down
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And then up again
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Using this as a new pdr-8 the redelivery balance PD array
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We've got that use the Canadian dollar chart over here
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This is actually very nice right we have multiple gift over here with a breakaway get a break wake up here
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So why is it the Breakaway give again rise with the Scandal here
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Delivering cell side by side and the next camel trades through with delivering sell side once again
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Over here
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Draw two lines
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Closing price of the Scandal
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And the low
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Or high of this candle right we have this
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Redelivery balance PD array
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Price action trading up into it but not into the Breakaway get right because
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00:05:25,631 --> 00:05:31,775
It doesn't have to be delivered in here anymore their fellows price range is over here so price has no business going higher
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If we are bearish
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Really
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Study this depiction over here
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This little schematic
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Down up
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And down
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And for Polish up down and up right
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We can see it over here
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We can also use this as a pedia right on its own so it doesn't need to have a favor to get bub off or below it to be used
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Expedia rate is defined as a redeliver to rebalance so we use our drb
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00:06:02,239 --> 00:06:03,007
On our charts
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We've got a Australian dollar US dollar for our chart
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00:06:08,127 --> 00:06:08,639
And now
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00:06:10,175 --> 00:06:11,967
Take a look at this piece of price action in
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Can you spot that redelivered rebalanced
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Pdra
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Focusing on this little piece of bisection over here right
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Or the ice
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It's got this candle
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Up down and then the next come up
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Right balance price range over here so
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We have this area over here with spelling so we don't need to trade in this for our fair value get anymore right
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You can draw the lines from the opening price of the Scandal
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Into the
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Lower week from the Scandal and then we have
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Is redelivered to rebalance pdra
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And in this case is obviously a discounted rate
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Because we are going into premium levels
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Again with the Tuesday catch art 1 hour charts
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Look at this Gap up here right Breakaway
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No again
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Focus on this piece of bisection here
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Down up
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The next camel down again
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So balance price range you see price action
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Steps into that area multiple times but does not go into that Breakaway Gap
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We know
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Balance price ranges are a very strong resistance or support area
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And then we throw lower lower lower and this is not
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Random right
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We have another break wake up
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Can we see the same thing happening over here right
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Pickwick down here
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Delivering cell science
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Delivering by side and the next candle delivering cell site once again closing and the next candle has a balance
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Price range before it
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Right over here
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Next candle next 1 hour candle drops or drop straight up into this
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Reedley 43 balance
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Pdra and then continues down lower
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Euro British pound 5 minutes.
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Hitting a higher time frame or a b c level
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Salsa breakdown lower displaces
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No
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Why are we not returning back into this frivolity because I think
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This is some premium right
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But remember we have this new array
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Snoopy diarrea right
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We've got this read lift rebalance again
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Down
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And the next Kendall down
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Leaving this portion of price action balanced
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So this balance price range should act as a resistance
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Leaving this Breakaway kept
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That's so now we can identify Breakaway cups which is
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Which is very good right because sometimes we missed rates because we think it should go into a premium-level in this fair value
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Was wondering why
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Is this not hitting right and then we have our limit order in here and price moves away moves away and the
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It's just a shame
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But now we know balance price ranges are
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The reason why some
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Fairfield stay open and become a breakaway cap
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00:09:08,863 --> 00:09:10,911
We've got an example from Twitter
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We've got the New Zealand dollar US dollar charts right
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Why are we taking a bath from here
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And that's from the Fairvilla give
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Air-rite
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How are we
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Trading this range and outline that in the next chart
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First of all we've got this High Resistance liquidity run-down aircel steps have been taken again think about external range right
193
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Cell stops being order parrot over here for Long Jean Smart money reversal
194
00:09:41,631 --> 00:09:42,143
No
195
00:09:42,399 --> 00:09:43,679
Where do we spot this
196
00:09:44,191 --> 00:09:45,215
Pdra
197
00:09:47,775 --> 00:09:49,055
Fill your swings up here
198
00:09:50,847 --> 00:09:53,151
Where is that SRI delivers rebounds right
199
00:09:56,223 --> 00:09:56,735
Down
200
00:09:57,247 --> 00:09:58,271
Next scandal
201
00:09:58,527 --> 00:09:59,551
Right so we've got a
202
00:10:00,063 --> 00:10:01,855
Balance price range down here
203
00:10:02,111 --> 00:10:03,647
We can all blind that
204
00:10:04,159 --> 00:10:05,439
On the 1-hour chart to
205
00:10:06,463 --> 00:10:10,303
Night Sylvester's a wire nuts waiting inside this Gap
206
00:10:11,839 --> 00:10:13,887
Or even inside this 1-hour get rights
207
00:10:14,399 --> 00:10:16,959
Should be a nice area where we can retrace into
208
00:10:18,495 --> 00:10:20,287
What is happening over here right
209
00:10:21,567 --> 00:10:22,079
Down
210
00:10:22,335 --> 00:10:23,359
And then once again
211
00:10:23,615 --> 00:10:29,759
So we have a balance price range here and you can see the WIC comes into this BPR over here in this riddle
212
00:10:30,015 --> 00:10:31,039
Deliver to rebalance
213
00:10:31,295 --> 00:10:32,063
Videoray
214
00:10:33,599 --> 00:10:34,623
Ohio near
215
00:10:35,135 --> 00:10:36,415
Outline those with
216
00:10:36,671 --> 00:10:38,719
The redelivered rebalance lines
217
00:10:40,511 --> 00:10:43,583
With the closing price of this bullish candle and low of his wig
218
00:10:43,839 --> 00:10:44,863
Fungus scandal
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00:10:45,119 --> 00:10:48,191
Then we have to celebrate leaving all these Breakaway gifts
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00:10:48,703 --> 00:10:54,847
Why is it the Breakaway kept again it's a balance price range right over here so price has no business going down here
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00:10:55,103 --> 00:10:55,615
Anymore
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00:10:56,383 --> 00:10:57,407
Eustis
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00:10:58,175 --> 00:11:01,247
Little depiction over here right so we can see it more clearly
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00:11:01,503 --> 00:11:02,271
Again I keep
225
00:11:02,783 --> 00:11:06,111
Repeating this but this is very important right we need to see an app
226
00:11:06,367 --> 00:11:11,743
Then Adele move in the next Kendall needs to go up again right up down and up
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00:11:11,999 --> 00:11:12,511
So
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00:11:13,535 --> 00:11:18,143
See that happening over here as outlined earlier making as a balance price range
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00:11:19,167 --> 00:11:25,311
Right we've got a gold monthly chart over here this is an example of a price move
230
00:11:25,567 --> 00:11:26,591
Without a fair value
231
00:11:27,871 --> 00:11:30,431
But there's no fair really good down here but it's
232
00:11:30,943 --> 00:11:34,271
This whole move happens from this area over here right
233
00:11:34,527 --> 00:11:38,879
And why is that because we had that redeliver to rebalance pedia right down here
234
00:11:39,135 --> 00:11:43,743
High top down in an external up again so we have to tie probability
235
00:11:43,999 --> 00:11:45,279
Read the letter to rebalance
236
00:11:45,791 --> 00:11:49,887
Discount array and this actually was the Catalyst to go to this
237
00:11:50,143 --> 00:11:51,935
Eyes up here on Galt
238
00:11:54,751 --> 00:11:56,543
Another example remember Beck
239
00:11:57,055 --> 00:12:00,639
For the Twitter example right that Twitter example we showed earlier
240
00:12:01,151 --> 00:12:04,991
On the daily chart did you see it we can all blind is right now again
241
00:12:05,247 --> 00:12:06,783
High Resistance liquidity run
242
00:12:07,039 --> 00:12:09,343
Write salsa cell stops have been taken
243
00:12:09,599 --> 00:12:12,159
Order faring again SmartMoney loans
244
00:12:12,415 --> 00:12:17,279
But there's no fair value get to take a trace from here so why are we entering with this week down here
245
00:12:17,535 --> 00:12:18,047
Right
246
00:12:18,303 --> 00:12:20,351
Again up down and the next one up
247
00:12:21,119 --> 00:12:21,887
Leaving.
248
00:12:22,143 --> 00:12:24,191
Redelivered rebalance PD array
249
00:12:25,727 --> 00:12:27,007
And outlining its width
250
00:12:27,263 --> 00:12:28,543
Annotations we can see
251
00:12:28,799 --> 00:12:29,567
Price dips
252
00:12:29,823 --> 00:12:31,615
Just slightly inside here
253
00:12:31,871 --> 00:12:33,407
And then continued support
254
00:12:35,455 --> 00:12:36,223
Think about
255
00:12:36,479 --> 00:12:38,527
Draw liquidity right guys we have this
256
00:12:38,783 --> 00:12:40,063
Fill your swings
257
00:12:40,831 --> 00:12:42,623
Into external race liquidity
258
00:12:43,903 --> 00:12:47,487
And eventually we hit the target nervously
259
00:12:47,743 --> 00:12:53,887
There are times when this will feel like every other pdra but for the most part this will have a lot of success in
260
00:12:54,143 --> 00:12:55,423
Framing a trade and
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00:12:55,679 --> 00:12:57,983
Or identifying Breakaway gaps
19037
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