PD ARRAY & DEALING RANGE
INTERMIDIATE BREAKDOWN
Dealing range is the new trading range formed after buyside and sale side
is taken.
PD array is the distinction between Premium to Discount inside that
dealing range including the array list inside the two ranges.
Elements of a PD ARRAY LIST
Order of importance
1. Old high/low
2. Rejection block
3. Bearish/Bullish Orderblock
4. Fair Value Gap
5. Liquidity void
6. Breaker block
7. Mitigation block
THE LOWEST OR HIGHEST CANDLE THAT HAS THE MOST RANGE
BETWEEN OPEN TO CLOSE AND IS NEAR A KEY LEVEL
THE AREA IN BETWEEN THE WICK AND THE HIGH/LOW OF THE CADLE
AFTER A HIGH/LOW IS FORMED. WE EXPECT FOR PRICE TO REACH THAT
AREA AND FORM A REACTION FROM IT.
BEARISH REJECTION BLOCK
BULLISH REJECTION BLOCK
FAIR VALUE GAP
A RANGE IN PRICE DELIVERY WHERE ONE SIDE OF THE MARKET LIQUIDITY
IS OFFERED AND TYPICALLY CONFIRMED WITH A LIQUIDITY VOID ON THE
LOWER TIME FRAME.
LIQUIDITY VOID
A VOID LEFT BEHIND IN PRICE ACTION DUE TO A STRONG ONE-SIDED
LIQUIDITY RUN. PRICE TYPICALLY WILL WANT TO REVISIT THE VOID TO
REBALANCE THE INEFICIENCY
BREAKER BLOCK
MITIGATION BLOCK