OHLC & OLHC
The order price visits open, high, low, and close inside a single candle, and how the manipulation hides there. Bearish days run O-H-L-C, bullish days run O-L-H-C.
Every candle has four prices: the open, the high, the low, and the close. OHLC and OLHC are about the ORDER in which price visits them inside one candle. That order hides where the manipulation happened, so it is worth learning.
The two paths
- Bearish candle: Open then High then Low then Close (OHLC). Price first pokes UP, then sells down and closes near the low.
- Bullish candle: Open then Low then High then Close (OLHC). Price first dips DOWN, then rallies up and closes near the high.
A new day OPENS at the midnight open: 12am New York time (UTC-5). Mark that open price (the dashed line). Everything today is measured from here.
Spot it: The daily open is always 12am New York time. It anchors the day.
Same start: the day OPENS at midnight (12am New York). Mark the open (dashed line).
Spot it: Always anchor to the midnight open first.
Mark the opens
Identify the midnight open (12am New York, daily), the weekly open (Monday), and the monthly open (day 1). These opens are where you can see the manipulation within the period, so they anchor your read of the day, week, or month.
The same OHLC / OLHC pattern repeats on every timeframe. A monthly candle is built from daily candles, a weekly candle from 4-hour or daily candles, and so on. Whatever the timeframe, the higher candle still opens, gets manipulated, distributes, and closes.
Where to enter
Once the manipulation has taken out the high (or low), look for an entry at the breaker or the FVG it leaves behind, then ride the distribution. The distribution usually plays out during the London and New York sessions.
Key takeaways
Bearish day = OHLC (high first, then sells off). Bullish day = OLHC (low first, then rallies). The first poke past the open is the manipulation; the close direction is the real move. Mark the midnight, weekly, and monthly opens.
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