inside day failure (setup): 1 - daily tf forms an inside day in...
Luckshury@Luckshuryy
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Apr 23, 2025
~1 min read
1
inside day failure (setup):
1 - daily tf forms an inside day in relation to its previous day
2 - the following day deviates outside either side of the inside day
3 - target opposing side
Saturdays on $BTC has the highest likelihood of forming an inside day (low volatility in general) hence Sundays I am prepared for the fake-out.
Upon the deviation, check for:
- spikes in volume
- breakout traders (increase in open interest)
- spike in liquidations
recent example ↓
1 - daily tf forms an inside day in relation to its previous day
2 - the following day deviates outside either side of the inside day
3 - target opposing side
Saturdays on $BTC has the highest likelihood of forming an inside day (low volatility in general) hence Sundays I am prepared for the fake-out.
Upon the deviation, check for:
- spikes in volume
- breakout traders (increase in open interest)
- spike in liquidations
recent example ↓