Daily sweep of weekly high has 50% probability of pullback to weekly 50% within five days.

reversal because price can do this. And then in that same week, end up trading higher and ultimately close through that weekly high. So here's some very interesting data. When you get a daily sweep of a weekly higher low, about 50% of the time, over the next five days, price will trade back to the 50% point of that weekly candles range. So five days after a daily sweep of a weekly level, about 50% of the time price will reverse back to about 50% of the weekly range.