Short excerpt from a YouTube tutorial by Kosta Ouzas explaining auction market theory concepts. The speaker describes long-duration balance periods on daily charts (one noted example lasted ~240 days), how price breaks out and seeks new balances, and highlights drawing "fair value" lines that align with price behavior.
These are very long periods of time. This is a day, day chart here. We were in this one for 240 days, you know, nine months or more. Then we price went to. It was balanced and it broke out and then it sought new balance and it found it here. And we're in this one currently. But I love how this line you just draw, it's like it's right on that. That line. Yeah, that's the. These lines are the fair value. There's a fair value line running here.
