Yes they get very tricky when they close above the swing high...

  1. 43,963 Posts.
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    Yes they get very tricky when they close above the swing high and then pull back into the trading box with no follow through on the higher high it has formed. Good that you got out early though when it did not continue as expected. I got caught when 29 M closed below a demand level I and closed it out in similar style today.
    SER 0.018

    https://hotcopper.com.au/data/attachments/5663/5663935-8fd4a90bc480dbfe5d0fbfa8f05f2cd1.jpg
    29M 0.59
    https://hotcopper.com.au/data/attachments/5663/5663945-60b5d42c23fbf1a3934aa2e51e12f1be.jpg


 
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