Price gapped lower at the open yesterday. The opportunity was to buy the strong bull
opening bar, which was followed with a higher high bull
bar. The 1m chart shows that the retracements of the 3 or 4 bull
bars were small suggesting that a reliable trend was in place for a trade. Price continued to push higher through the prior afternoon's resistance. This set the stage for a nice morning rally, which later sold off in the afternoon.