When we're not in that upper 10 or lower 10 percentile where we have that nine out of 10 shot that we know one of these levels is going to get taken, this kind of falls apart, right? So when we close in the middle of the range, you kind of have a candle that closes right in the middle, right? So it's got a high, a low, and the actual close is right in the middle. These numbers no longer work with the same degree of accuracy. And it usually means that there's no reason to take a trade today, or at least you don't have a clear daily bias. So when price closes in the middle of the range, there's only about a 40 to 45% chance that the next daily candle will take out the higher or the low. That is way worse than that stat that I shared earlier, where if we close in the bottom 10%, 90% chance, upper 10%, nine out of 10 chance.
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