PD Array Simplified
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In this Lesson we are going to go over PD arrays and where they form.
PD stands for Premium and Discount. referencing the Range from Expensive to Cheap.
Array consists of a ranked list of Price zones such as old highs, lows, Rejection Block, Order Block, Fair Value Gaps, Breaker and Mitigation Blocks.
This is a smart money SMC concept used by ict traders and other types of price action institutional traders.
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Timestamps:
00:00 Intro
00:08 What is a Breaker Block
00:35 Breaker Block Vs Mitigation Block
04:33 What is a Fair Value Gap
05:53 What is an Order Block
07:15 What is a Rejection Block
08:41External Liquidity
10:13 What is a Trading Range
10:40 What is Premium and Discount