Opening Price Trading: Reference Level or Pivot?
Summary
Hollow Point Trading shares an animated lesson on whether the opening price is a reference level or a magic pivot. It explains how the open varies by market, session, and chart provider, and why traders should watch the return and price response rather than treat a touch as a trade.
https://youtu.be/XHy7qRZ2hiE
The Opening Price: Reference Level or Magic Pivot? #Shorts
The opening price depends on the market, session and chart provider. Holding above or below it can help frame a session, but touching the open is not a trade by itself. Watch the return and the price response.
Original Hollow Point Trading animation using an illustrative price sequence and HPT narration.
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