Bull gap, above HOY, 1W, W1P, fL2, H2, DB, DT, 1tF BT, bear CH, L2
there were probably sellers in the ETH at the 12/13 gap price, the magenta line (also the 50% retrace of the bear move from the ATH)
RTH opens above the gap price and those sellers probably bought back their shorts
daily chart
Always In Long (AIL) since 01/04
more up, but close just below the high of the Entry Bar (12/13) from the 12/12 LH,
classic location for sellers (Entry Bar highs and lows are support and resistance as well – 1tF EB), check out the numerous examples on the 5min chart
