WickCheck / Trading school / Previous day high and low
Previous day high and lowPDH / PDLBeginner
Yesterday's high and low, two of the most watched liquidity levels of the trading day.
Simplified illustration, not real market data.
What it means
Stops cluster beyond them and many intraday models wait for one of them to be swept. Weekly versions (PWH and PWL) work the same way on a bigger scale.
How to spot it
- Mark yesterday's high and low at the start of the day.
Common mistakes
- Using a different day boundary than your broker or data. WickCheck uses the New York day.
Related terms
LiquidityIn ICT and SMC, the resting orders (mostly stop losses and breakout entries) tha…Asian rangeThe high and low made during the quieter Asian session, often swept in the Londo…KillzonesThe time windows when ICT traders expect the biggest, cleanest moves: the Asian,…
Why most strategies need a human behind the screen
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Education only, not financial advice. Definitions vary between teachers; these are ours, written for clarity.