[00:02] said down, congratulations to you. You understand how to find the daily bias. Now, what about this one right here? If you said up, congratulations to you. You understand how to find the daily bias. Now, what about this one right here? Did
[00:15] you say up? Did you say down? Well, the answer is neither. Notice how simple that is. Here's how I find my daily bias in 30 seconds. Go to the daily time frame. Find the latest candle. There are five different scenarios that can
[00:28] happen. Scenario one, price wicks above the daily high and closes beneath it. This is a bearish scenario. Expect a downwards move. Scenario two, price sweeps below the daily low, then closes above the daily high. This is a bullish
[00:42] scenario. Expect an upwards move. Scenario three, price sweeps both the daily low and high. Liquidity was swept on both sides. Avoid taking any trades. Scenario four, price doesn't go above or below the daily low or high. Prices
[00:58] consolidating. Again, avoid taking trades. Scenario five, price sweeps above the daily high, then closes beneath the daily low. This is a very bearish sign. Look for confluences for a move lower.