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.
%% IF you cant make money on 5 minute NOISE charts+ most cant; try support on monthly charts...........................................................................................
Once again with Oil, I have no idea why support showed up at 56.73, did anyone have that level as important today?
Look at daily / 4 hour chart man. Stop trading chop. What was once resistance is now support... For now at least