Summary
The video introduces CRT Candle Range Theory by Romeo, repackaged for Confluence analysis. It emphasizes using higher time frame candles and identifying trading range highs and lows using hourly candles. The speaker discusses spotting imbalances within ranges and predicting market direction by locating lows within these imbalances. The concept of predicting price movements by sweeping highs and lows is explained, with a focus on proper alignment and liquidity in analysis. Lastly, the video shares insights on executing trades based on CRT theory, including entry points and targeting range highs or lows.
Introduction to CRT Candle Range Theory
The speaker introduces the concept of CRT Candle Range Theory popularized by Romeo. They mention that it is a repackaged concept used for analysis as Confluence.
Using Higher Time Frame Candles
The speaker explains the use of higher time frame candles in trading with CRT. They highlight the importance of identifying the high and low of the trading range using hourly candles.
Imbalance Analysis
The speaker discusses identifying imbalances within trading ranges and looking for lows inside these imbalances to predict market direction.
High and Low Sweeping
The concept of sweeping highs and lows to predict price movements is explained. The speaker emphasizes the importance of proper alignment and liquidity in the analysis.
Execution Strategy
The speaker shares details on how to execute trades based on the CRT theory, focusing on entry points and targeting range highs or lows.
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