The midpoint of a range or leg. Price spent roughly equal time being "too high" and "too low" around it, so it often acts as a balance point.
How traders use it: Used as a reference for partial targets in ranges, and as a filter: entries near equilibrium have less room in either direction.
Common mistake: Treating the 50% line as a precise support or resistance level rather than a rough zone.
Related: Premium and discount · Range (trading range)
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Concepts only. Education only, not financial advice. No pattern on this site has a published win rate.