These are times when tops and bottom often occur. The opposite is also typically true. A support or resistance zone. Days which price is considered to be moving in one particular direction. And this price action might repeat itself for several days.
Price action indicates a break south.
A trade designed to be entered and exited on the same day. Market on close. A order designed to be executed on the open of a market or with 10 minutes of the open. Sometimes referred to as an MOO or market on open. Explanation of Pivots and Pivot Trading Pivots are supports and resistances.