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Dealing Ranges

Watch the full video alongside our detailed notes and extra learning resources in this full cheat sheet companion guide.

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01
Section 1 0:49

What Is a Dealing Range?

What you'll learn: The box defined by a significant swing high and swing low, plus the 50% equilibrium that splits it into premium and discount zones.

Key Moments
Core Concepts
Critical Takeaways
  • Significant swing high + significant swing low + 50% line. That's the range.
  • Premium above the midpoint, discount below. Buy discounts. Sell premiums.
  • Use the Fib tool. Pull from low to high. The 50%, the high, and the low are drawn for you.
Practical Tip

On TradingView, drag the Fibonacci Retracement tool from the swing low to the swing high. Make sure 0, 50, and 100 are visible. That's your range, drawn in one click.

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02
Section 2 5:24

Finding the Right Range

What you'll learn: How to pick the swing high and swing low that actually define your range - and why the "obvious" ones are the right ones.

Key Moments
Critical Takeaways
  • Pick swings that are visually obvious. If you have to defend the choice, it's wrong.
  • The swing high is the highest point before a meaningful pullback.
  • The swing low is the lowest before a meaningful bounce.
  • Bullish range starts with a swing low. Bearish range starts with a swing high.
03
Section 3 8:07

Ranges & Market Structure

What you'll learn: Why every new market structure break resets the range, and how to tell a real breakout from a liquidity sweep that leaves the range intact.

Key Moments
Critical Takeaways
  • Every market structure break resets the range. Redraw after each MSB.
  • After a bullish MSB, the pullback is expected to form in the new discount.
  • A push above the range high that snaps back without displacement isn't a breakout. The range is still valid.
04
Section 4 12:23

Multi-Timeframe Ranges

What you'll learn: The Russian-doll model: a weekly range contains a daily range contains an hourly range. The highest-probability longs come when all three are at a discount at once.

Key Moments
Critical Takeaways
  • Ranges nest. Every HTF range has LTF ranges inside it.
  • The big moves happen when multiple time frames are simultaneously at the same zone.
  • Single-time-frame signals produce small reactions. Stacks produce big ones.
05
Section 5 15:09

Internal vs External Liquidity

What you'll learn: The two-kinds-of-liquidity framework: internal (inside the range, used for entries) vs external (outside the range, used for targets).

Key Moments
Core Concepts
Critical Takeaways
  • External = target. Internal = entry. Don't confuse them.
  • After external is taken, look for the next internal. After internal is taken, look for the next external.
  • The biggest mistake traders make: closing on an internal sweep when the real target is still external.
06
Section 6 22:37

Chart Examples

What you'll learn: A live BTC weekly range with the daily and 8H ranges nested inside, plus the bearish-side mirror with stacked time-frame confluence.

Key Moments
Critical Takeaways
  • On a live BTC chart, the framework lines up exactly. Internal sweep + OB + FVG produced a clean entry.
  • Zooming into the LTF range gives you a tighter stop without changing the trade idea.
  • Bearish range works the same way - lower high forms at the internal POI inside the premium.
Quick Reference

Every abbreviation, in one place

Bookmark this panel - it's the cheat sheet for the cheat sheet.
MSB Market Structure Break
SFP Swing Failure Pattern (Lick Sweep)
ERL External Range Liquidity
IRL Internal Range Liquidity
BSL Buy-Side Liquidity
SSL Sell-Side Liquidity
OB Order Block
FVG Fair Value Gap
Putting It All Together

Your Range Workflow

Draw the box. Read the zones. Trade the internal-to-external move.

1

Set the bias

HTF market structure. Bullish or bearish range.

2

Draw the range

Significant swing high to significant swing low. Use the Fib tool.

3

Mark premium and discount

50% line splits the range. Above = premium. Below = discount.

4

Identify liquidity

External above and below. Internal at minor swing points inside the range.

5

Stack the time frames

HTF range with LTF range nested inside. Look for alignment.

6

Enter at internal, target external

Internal for entries (with confluence). External for the exit. Don't confuse them.

7

Practice on Breakout

Start a trading test at breakoutprop.com. Real markets, structured risk - the best way to learn.

Put it to work
Take what you learned here into a real evaluation. Pass, get funded, keep 80-90% of profits.
Purchase an Evaluation