there is a strong support or resistance area on 30 min charts when looking at prior extreme points (fractals)
today buying a gap down heating oil or two days ago shorting heating oil are very profitable trades.
the support is clearly on top of the prior 30 min bar at an prior extrempoing
whereas the resistance is clearly at the low of a prior top bar.
today buying a gap down heating oil or two days ago shorting heating oil are very profitable trades.
the support is clearly on top of the prior 30 min bar at an prior extrempoing
whereas the resistance is clearly at the low of a prior top bar.