This is a great example of what I am after. Yesterday support came from a level that I would never pay attention to (my bad). Today I was looking at Previous Day High, that actually provided Resistance during the premarket.
As I was looking at the chart in real time, I was looking for something that actually told me to close my trade and move in the opposite direction around this level but I did not get it. As, although the accelerated demand line was broken after almost reaching R, the trendline was still holding.
Any Ideas are appreciated here.
As I was looking at the chart in real time, I was looking for something that actually told me to close my trade and move in the opposite direction around this level but I did not get it. As, although the accelerated demand line was broken after almost reaching R, the trendline was still holding.
Any Ideas are appreciated here.
