What is the 80 area value strategy?

Okay, so you're asking about this "80% area value strategy" thing, right? It sounds kinda complicated, but let me try to explain it in a way that makes sense – at least, the way I understand it.

Basically, it's all about watching where the price of something (a stock, maybe? Or even Bitcoin, who knows these days!) has been hanging out the most. Think of it like this: remember that time I was trying to decide where to eat lunch? I was flipping through all these menus, then finally I landed on that one Thai place near the office—that’s kind of the "value area". Everyone seems to like that one, most orders come from there.

Anyway, this strategy says that if the price of whatever you're trading leaves that busy, popular area, and then comes back to it for two 30-minute stretches in a row... well, there's a pretty good chance – like, an 80% chance, according to whoever came up with this – that it's going to fill out the whole area eventually. Meaning, the price will bounce around and touch all those high and low points where most of the trading happened before.

It makes sense, in a weird way. I mean, if a bunch of people were buying or selling at a certain price level, and then the price moves away, wouldn't you think many are waiting for a chance to jump back in? Like, waiting for a sale or something? Maybe? I’m not a financial expert, just someone who’s tried to make sense of these things!

Now, I've definitely seen this in action, although it's not always perfect. Remember that time I was watching that tech stock? It totally dipped out of its value area and then came back, only to sort of…fizzle. Didn't quite hit the whole range, which is frustrating. But most of the time, the strategy seems to hold up pretty well from what I've observed. It’s certainly not foolproof though – obviously! Nothing ever is, unfortunately. But hey, it gives you something to think about, right?