06 / Range sweep
A wick through a range low, then a later break
A wick through a range low on Bitcoin daily, then a later break. Educational only.
Educational examples — not a trade Josh took, not a signal
BTC/USD · daily · 2026-09-28 to 2026-10-31. Data: Kraken public OHLC API. Fills, fees and slippage are not known from these bars. Hypothetical study figures on this page are untested.
The full write-up, including the hypothetical study logic and what happened afterwards, is on the technical examples page. The published facts for this chart are:
| rangeFrom | 2026-10-01 |
|---|---|
| rangeTo | 2026-10-14 |
| rangeHigh | 87229 |
| rangeLow | 80328.6 |
| sweep.date | 2026-10-15 |
| sweep.l | 79709 |
| sweep.c | 82133.7 |
| sweep.o | 81576.5 |
| sweep.h | 82538.4 |
| oct18.date | 2026-10-18 |
| oct18.l | 80567.9 |
| oct18.c | 82001.7 |
| oct20.date | 2026-10-20 |
| oct20.h | 83339.1 |
| oct20.c | 82936.1 |
| oct24.date | 2026-10-24 |
| oct24.l | 79120.8 |
| oct24.c | 80771.9 |
| oct30.date | 2026-10-30 |
| oct30.l | 76155.5 |
| oct30.c | 77204.3 |
Josh explains
A walkthrough of this example
This is narration of the published facts on this page. It does not add new numbers, and it is not a signal.
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Step 1
What the chart is showing
Bitcoin daily, autumn 2026: a mid-October range with a published high of $87,229.00 and low of $80,328.60. On 15 October the low wicks to $79,709.00, through that range low, and the session closes back at $82,133.70. The example then follows a later break in this window.
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Step 2
How to read it as a student
A wick through a range extreme, then a close back inside, is a description of that session. Whether a later break continues or fails is a separate question — both belong in the study if you are being honest.
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Step 3
What to keep honest
Sweeps are easy to name after the close. They are not a promise of reversal or continuation. Educational only, not a signal, not a trade I took.
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Education only, not financial advice. This is a personal record of one trader’s decisions, including the mistakes. Trading crypto carries a real risk of losing money. Full disclaimer.