Session Range
Monday Range Calculator (FX Weekly Range)
A popular forex heuristic holds that Monday's high and low often contain (or closely bound) the rest of the week's price action. Enter Monday's high and low to get the range, midpoint, and 50% extension targets used to gauge whether Tuesday-Friday price action is still "inside the week" or breaking away from it.
Monday range···
Monday midpoint (weekly fair value)···
Weekly breakout trigger (up)···
Weekly breakout trigger (down)···
50% extension target (up)···
50% extension target (down)···
Educational tool only, not financial advice. The Monday-range heuristic is a tendency, not a rule. Plenty of weeks break well beyond Monday's range.
Built by Jason Parker, founder of Trading Ranges.
Built by Jason Parker, founder of Trading Ranges.