Before moving to Level 3, you should be able to do all of the following without notes:
- Define ERL.
- Identify ERL's visual standard.
- Define IRL.
- Explain ERL vs IRL.
- Identify both primary forms of IRL.
- Define FVG.
- Define Void.
- Explain FVG vs Void.
- Explain the basic IRL → ERL relationship.
- Define P/D Array.
- Identify Premium.
- Identify 50% Equilibrium.
- Identify Discount.
- Explain why P/D Arrays matter structurally.
- Define POI / PoINV.
- Explain structural invalidation.
- Recite all seven required markups.
- Match every markup to its correct visual standard.