Different types of SNR (Open Close/MTF)
About another type of SNR known as open close. I personally do not suggest relying upon open and close areas on their own but rather with other confluences. For Example: Open Close within an engulfing candle would be higher probability compared to open close in the middle of nowhere.
This video also covers the basic meaning and fine details of multi timeframe zones and what is meant by a phrase such as "H4 MTF Daily" for example.
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