🕯️ Candle Range Theory: A Simple Way to Read Price Action
One concept I find interesting is Candle Range Theory (CRT).
The idea is to study a candle’s high and low and observe how price behaves around that range.
🔹 Mark the reference candle’s high and low.
🔹 Watch how price interacts with those boundaries.
🔹 Look for a sweep or false breakout.
🔹 Seek confirmation on a lower timeframe.
🔹 Define risk before considering an entry.
The key isn’t simply seeing a sweep. It’s understanding the surrounding market context and waiting for confirmation.
CRT traders: Which timeframe do you prefer for your reference range — 4H, 1H, or Daily? 👇
#crt #priceaction #forextrading #Bitcoin
One concept I find interesting is Candle Range Theory (CRT).
The idea is to study a candle’s high and low and observe how price behaves around that range.
🔹 Mark the reference candle’s high and low.
🔹 Watch how price interacts with those boundaries.
🔹 Look for a sweep or false breakout.
🔹 Seek confirmation on a lower timeframe.
🔹 Define risk before considering an entry.
The key isn’t simply seeing a sweep. It’s understanding the surrounding market context and waiting for confirmation.
CRT traders: Which timeframe do you prefer for your reference range — 4H, 1H, or Daily? 👇
#crt #priceaction #forextrading #Bitcoin