I've seen this eluded to before and have given it much thought. But apparently there are places to enter that are just inherently less risky than others for some reason.
It appears so, in fact, it appears that it appears more than just once, which means it is not just a coincidence! J_S
Less risky from the standpoint Price has to move less distance to invalidate the signal (iow to where the trade breaks down) It clearer when/ where a given trade has broken down ============ Each outcome is in fact uncertain..., and we never know - Period We must make the cost of finding out on each trade..., as low (little) as possible - but..., and - the stop must placed be where that given signal breaks down Otherwise we're pissin away money needlessly RN
Only a fool tries to predict market direction, but you should at least know the important levels, so that when price approaches, you are prepared for what might happen! J_S
Here is another chart, if it helps you I don't know, but something is missing from both charts to show that 1888.25 is the one to watch! J_S
I am certain a few know the answer to what I asked, but also know that it is only a guide, and what matters most is what actually happens when it approaches the important levels. Do you buy or sell at these levels, well, I think the answer to that is obvious! J_S