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

A pale blue walkway whose far section has separated and dropped, a calm picture of an idea that did not hold.
Illustration of the idea, not a market chart and not a result.

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.

BTC/USD daily educational chart, 2026-09-28 to 2026-10-31.
BTC/USD daily from 2026-09-28 to 2026-10-31. Educational example, not a signal. Source: Kraken public OHLC API.

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:

Published facts for this example
rangeFrom2026-10-01
rangeTo2026-10-14
rangeHigh87229
rangeLow80328.6
sweep.date2026-10-15
sweep.l79709
sweep.c82133.7
sweep.o81576.5
sweep.h82538.4
oct18.date2026-10-18
oct18.l80567.9
oct18.c82001.7
oct20.date2026-10-20
oct20.h83339.1
oct20.c82936.1
oct24.date2026-10-24
oct24.l79120.8
oct24.c80771.9
oct30.date2026-10-30
oct30.l76155.5
oct30.c77204.3
Josh teaching in front of a simple unlabeled candlestick chart.

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.

  1. Josh pointing as he explains an idea.

    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.

  2. Josh explaining with open hands.

    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.

  3. Josh holding up a caution hand.

    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.