Directional behavior is studied after a defined intraday level has been reached.
The question is not whether a trader believes the market is bullish or bearish. The question is what historically happens after a defined condition occurs.
Research principle:
directional behavior should be measured after the condition, not assumed before it.
Why This Matters
Reaching a defined level creates a measurable event. Once the event occurs, the following behavior can be compared across historical samples.
This allows the framework to separate observed behavior from opinion, prediction, or visual interpretation.
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