HSI1! 2021 Apr 19 Week (Intraday)
HSI1! 2021 Apr 19 Week (Intraday)
Noticed that price weren't able to make its way past the midpoint of the channel.
Is the market weakening?
The support and resistance zone remains. No change to trade levels.
1) Use the range of previous ultra high volume bar as a guide for a immediate support/resistance.
Clue:
Ultra high volume, wide spread down bar is a sign of strength, WAIT for long opportunity in lower TF.
Ultra high volume, wide spread up bar is a sign of weakness, WAIT for long opportunity in LTF.
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