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Hi there
Prior to the RTH Open, we should mark out Yesterday's High / Low which can act as S/R levels.
1. Any other levels? Or are these really the Key ones, to avoid cluttering your chart?
2. Also would this High / Low be based on RTH or on ETH (Globex) levels?
Thanks
Noah
48e Failed BO of yesterday’s H or L (RTH)
Failed reversal of BO of yesterday’s range
48k Higher time frame support and resistance
90% chance of a BO of Globex H/L. Big range = 80%. Small range = higher % BO both sides.
source: encyclopedia
Thanks, so do traders / Al normally use RTH or ETH Highs and Lows for trading the Open?