Previous Day's High (PDH) and Previous Day's Low (PDL) in Trading

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  • Math

  • High School

  • 12th grade

  • Calculus and Advanced Math Concepts

  • English

Author's Instructions

PDH represents the highest price reached on the previous trading day, while PDL indicates the lowest price.

These levels help traders analyze past market movements and identify potential reaction zones

Price often shows significant reactions at these levels, making them essential for day traders.