Price can be at discount on one timeframe but premium on another simultaneously.

So within each range, there is going to be a lower time frame with its own range, and this is where people's analysis generally falls apart, or sometimes where you get bad signals is because at any given time, price can be both at a discount on one time frame and a premium on another. So you have to ask yourself, you know, are we cheap right now? We in the discount? Do we want to be buying? Are we in the premium and we want to be selling? So let's give you a visual example. We'll start with our weekly range. So we've got a clear swing high and swing low to give us our weekly dealing range here. Our 50% level is right there. So this gives us our discount and our premium on the weekly chart.