That's about 80% of the time. I back tested this going back to 2017 on Bitcoin, Ethereum, and Sol. It was like 79%, 82%, and like 84%. That four out of five times, right? The current daily candle takes out yesterday's high or low. Those numbers actually increase in probability for the weekly and the monthly. On the weekly chart, it's about 84% chance. Close to like five out of six times, the current weekly candle is going to either take out the prior weekly candle, high or low. On the monthly, it's even higher. It's like 86% of the time. The current monthly candle is going to take out the prior monthly candles, high or low.
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