Disliked{quote} You can draw a line anywhere you like on a chart. Price can bounce off it or it can go straight through it. Does the line have any significance apart from that which you put on it? The weekly open is a fixed reference, relative to THIS week. Price can be moving away from it or moving towards it. If you don't have a fixed reference how can you ever know if price is up or down?Ignored
Once You See, You Can't Unsee But You Will Get The Odd Poke In The Eye