Understanding and tracking key levels is essential for building high-probability setups. These levels act as magnets for price, often serving as areas of entry, reaction, or profit-taking.
The Key Levels
Previous Session Lows
For example, the New York AM low is often retested or used as a reference point.Previous Day Highs and Lows
These mark important areas of liquidity. Price frequently reacts around them, either sweeping or rejecting.Unmitigated Imbalances
Watch for unfilled imbalances on the 15m, 1h, and 4h charts. These zones often provide opportunities for precise entries or clean profit targets.
Why They Matter
These levels are not random — they represent points of liquidity, inefficiency, or market memory. By keeping them on your chart, you give yourself a structured framework for planning trades with stronger confluence.
⚠️ Disclaimer: This information is provided for educational purposes only and does not constitute financial advice. Always assess your own risk tolerance and trading plan before entering any position.