Candle closing in top/bottom 10% of range creates 9 of 10 probability for directional continuation.

Secondly, where the current daily candle closes is if it's in the upper or lower 10% of its range, you have a nine out of 10 probability that the higher low is going to be taken. So if we close in the upper 10% of the range, nine out of 10 chance, we're going to take out that high, lower 10% of the range, nine out of 10 chance, we're going to take that low, and the premium and discount conversation just got beefed up even more. Premium doesn't mean always short. Discount doesn't mean always long. But what we did prove with the data is that when we are bullish and in a discount, it's much more likely that longs are going to pay. It's much more optimal two and a half times in a discount. That's when we're hunting for longs, but you still need to wait for that trigger to prove your thesis. And last but not least, it's how important that trigger actually is. Remember, we're not just blindly buying levels. This is something that got brought up in comments when we were doing the five and 15 minute model.