Preserve the note and choose one question

Copy the original note before simplifying it. Suppose it says: “A brief move above a reference level is different from finishing an observation interval above it.” Keep any qualifications from the lesson beside that sentence. Do not turn it into a claim that a close above the level guarantees a further rise.

Your practice question becomes: “Can I distinguish an interval that touched above the reference from an interval that finished above it?” This is a recognition task. The answer depends on defined observations, so you can check your work without needing a profitable outcome or knowing the next day's chart.

Write the rules before making the cards

For this worksheet, define a reference of $50 and a five-minute observation interval. “High” means the highest recorded price inside that interval. “Close” means its final recorded price. Define “finished above” as a completed interval with a close strictly greater than $50. A close of exactly $50 does not qualify.

Add two evidence rules. A missing close cannot be classified as a completed close above the reference. A still-running interval also cannot be treated as completed. These rules make the task specific enough for another learner to repeat. They are the rules of this exercise, not a claim about a universally effective trading method.

Work through six hypothetical cards

Card A: the completed interval has a high of $50.10 and a close of $49.98. It traded above the reference but did not finish above it. Card B: the completed interval has a high of $50.20 and a close of $50.05. It meets the worksheet's definition of finished above.

Card C: the high and close are both $50.00. It finished at the reference, which does not meet a strictly-greater-than rule. Card D: the high is $49.98 and the close is $49.90. Both observations remain below the reference.

Card E: the high is $50.30, but the closing value is missing. Mark it incomplete. Card F: a screen shows $50.12 during an interval that has not ended. Mark it not yet classifiable. Neither card gives enough information to answer the completed-close question, even though its visible price looks encouraging.

Make the answer key explainable

Write the classification and a one-sentence reason for each card. “B qualifies because its completed close is $0.05 above the reference” is checkable. “B looks strongest” introduces a different judgment and leaves the rule unclear. Keep the answer tied to the field you actually defined.

Now change one detail on a copy of Card A: set the close to $50.01 while leaving the high at $50.10. The classification changes because the relevant condition changed. This small revision checks whether you understand the definition rather than remembering that the letter A belonged in a certain category.

Keep incomplete cases visible

Of the four completed, fully specified cards, one qualifies. Two other cards remain unresolved. Report those counts separately. Calling the result “one out of six” without explaining the missing information would combine completed observations with cases that were never eligible for the same classification.

Even the correctly stated count does not estimate a trading probability. You designed six teaching cases to examine a definition. They were not selected to represent a market, and the exercise did not measure any later return. Its result is whether your classifications follow your written rule.

Return to class with a specific question

Finish by writing the part you still need help with. For example: “I can classify completed intervals, but I do not understand how the lesson chooses the reference level.” That question identifies the next concept without pretending the worksheet answered it.

Save the original note, rule, six cards, and answer key together. Your next exercise can change the reference-selection method while preserving the classification rules. You now have a small piece of work another person can inspect, question, and help you improve.