Notes
- Protraction is a small time-sensitive impulse price swing against the current trend/prevailing market direction.
- The primary purpose of protraction is to seek liquidity.
- There are usually three protraction movements every 24 hours.
- 0:00 PM EST - New York Midnight.
- 7:00 AM EST - New York Open.
- 8:00 PM EST - Asian Open.
Impulse Price Swings & Market Protraction Example
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