Overnight is balanced but below yesterday's value range. I will be watching the overnight range to see if a test of prior days high or prior days low is going to be in play. Any move past these test levels is a strong indicator of the day move to the other side of a multi days range. Opening action will tell me lots about the possible unbalancing trade. The values above is pre 8:30 and I think the idea still makes perfect sense
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The break out of my top line then retest was a freaking perfect entry spot
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