China-
Have you ever noticed how largish/long bars on a daily/hourly/weekly/3min/any time frame chart often act as supp/res to the proceeding bars? Often a clue that a sideways market could unfold when you see a long bar in a market that isnt trending strongly/climaxing.
I guess this is similar to your opening range pivots? The emotion captured in that opening hour tends to act itself out during the rest of the day. This emotional behaviour by the crowd also applies to other time frames it would seem.
Have you ever noticed how largish/long bars on a daily/hourly/weekly/3min/any time frame chart often act as supp/res to the proceeding bars? Often a clue that a sideways market could unfold when you see a long bar in a market that isnt trending strongly/climaxing.
I guess this is similar to your opening range pivots? The emotion captured in that opening hour tends to act itself out during the rest of the day. This emotional behaviour by the crowd also applies to other time frames it would seem.