Daily Bias Part 3

Daily Bias Part 3Leçon 1 sur 114 min de lecture

Higher charts win

The law behind every rule in this module, and what it says about a daily break that goes against the weekly.

Module 35 finished the reading. This module adds the rules that say what a reading means when two charts disagree.

The law

A higher chart holds more power than a lower one.

A trend, a break or a level on a bigger chart outranks the same thing on a smaller one. When two charts say different things, the bigger one is describing the move and the smaller one is describing a piece of it.

The bigger the chart, the more its reading is worth.

A daily break inside a weekly uptrend

Take the case module 35 raised on bitcoin. The weekly is rising and the daily has just broken structure downward.

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