DOW Opening Range Breakout mode fail
Please view the lower image, TV doesnt allow public 5 min charts.
BOM --> LH DT at High of BOM --> No further upside above gap fill
Could have been run further, expecting a 1:1 measured move down after the 18th BAR BO, however large Swings at open (300 points) --> Higher Probability of TR after 18th BAR BO.
BOM --> LH DT at High of BOM --> No further upside above gap fill
Could have been run further, expecting a 1:1 measured move down after the 18th BAR BO, however large Swings at open (300 points) --> Higher Probability of TR after 18th BAR BO.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.