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The market at any given time can be found in 3 states.
1.Premium
2.Equilibrium
3.Discount
The price action that is being delivered can be described having one of the following 4 behaviors.
1.Consolidation
2.Expansion
3.Distribution
4.Reversal
The market must then pass through the next area where orders are most logically resting.
°Old highs/Lows , Order blocks , Voids/Fair value
The intended direction will be supported by the current order flow.
° fast moving expansion
°willingness to expand further after retracement
Once price has traded through equilibrium, noticble price sensitivity will occur.
°Reversal, Retracement.
The market must then reach for the next area where orders are most logically resting.
The market is constantly repricing from premium to discount, discount to premium.
Fractal price means what is seen from the largest sample size will be seen in the smallest .
From the smallest to the largest sample size of data price will continue to move from premium to discount and with time the smallest ripple will have caused the largest wave..
Time is the only factor of the market you cannot see, the relationship between time and price is the last piece of the puzzle.
