This was such an obvious TL and I was itching to trade it, but I know from my stats the results from trading during the futures session are terrible. So I sat on my hands and worked on the assumption that if it did break, it would retest the level at the open and then I could get in on the trade.

What made it much easier to keep out of this trade was the 169 directly below the TL.

In fact, the market rallied strongly at the open which would have stopped any shorts out – and mostly likely with some nasty slippage.

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