THE INDICATOR IN CONTEXT
More context
around the move.
Statistical zones give each move a scale. These selected sequences show price returning from extended areas, with the overshoots and pauses still visible.
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Scroll horizontally to follow the full price sequence.
The upper extension.
In the Asia section, price pulls back from an upper statistical zone. The subsequent decline is visible alongside the level.
The lower extension.
During London, price extends through the lower zone, spends time near it, and then recovers. The full sequence shows both the overshoot and the recovery.
Before committing to an extended move, see how it compares with recent session behavior. Keep the statistical zones beside price as you assess the reaction.