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Here is how I interpret it. The market gaps down below single print support. This also indicates a gap below value implying a shift in market sentiment. Therefore, the gap fill or single print support should act as resistance.
Gaps are invisible prints. It is important to watch what exactly happened overnight in terms of price action. If the overnight session broke the single print support and used it as resistance, there is a high chance that the same pivot level will act as resistance for the trading day.
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James Lee
TradersLaboratory.com
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