WickCheck / Trading school / Dealing range
Dealing rangeIntermediate
The range between a clear swing high and swing low that price is currently trading inside.
Simplified illustration, not real market data.
What it means
Premium, discount, equilibrium and OTE are all measured inside a dealing range, so choosing it well matters more than any Fibonacci level.
How to spot it
- The last major swing high and swing low that have not been broken.
Common mistakes
- Switching ranges mid-trade to justify a position.
Related terms
Premium and discountThe upper half of a price range is premium (expensive), the lower half is discou…EquilibriumThe 50% level of a dealing range, the line between premium and discount.…
Why most strategies need a human behind the screen
Read the lessonWhat a mechanical test can and cannot tell you about smart money concepts.
Education only, not financial advice. Definitions vary between teachers; these are ours, written for clarity.