wmd4xxx

Wmd4x BTC Open V1

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Traditional markets have the advantage of being closed on weekends and/or overnight so opening ranges are easily recognisable

Identifying the same for a market that never sleeps requires further investigation

It appears that the price range which forms on Monday's between 8am and 12pm (UK Local Time) is pivotal for Bitcoin

And it shares the characteristics of opening ranges in traditional markets

So can be used on an intra-week basis to chase breakouts, identify SR, flip bias and trade invalidation

This indicator plots that range


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