See the chart from my earlier post about my trading issues for today to see the Chart.
Notice where the Highs came in today?
If you did not see my earlier posts on this observation, I wanted to point out that it happened again. This time it was the High of the day instead of the low.
What is it?
Today's high price was almost exactly twice the range created within the first hour of trading. This can be seen by the Blue background that appears on my chart. Price could only get two ticks higher.
This was a big resistance area. R1 was 1533.00 and I also had Market Profits Targets just above 1534.00 as well.
Trade Wise, Trade Well
John
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