Author's Instructions
High of Day (HOD)
This level represents the highest price that an asset (e.g., stocks, cryptocurrencies, or commodities) reaches during a trading day. It often serves as a temporary resistance level.
Traders may consider selling in this region as prices will likely reverse from these heights.
Low of Day (LOD)
The lowest price that an asset records during a trading day is the Low of Day (LOD).
It can act as a temporary support level and often provides buying opportunities, as prices tend to rebound from this point.
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Author's Instructions
High of Day (HOD)
This level represents the highest price that an asset (e.g., stocks, cryptocurrencies, or commodities) reaches during a trading day. It often serves as a temporary resistance level.
Traders may consider selling in this region as prices will likely reverse from these heights.
Low of Day (LOD)
The lowest price that an asset records during a trading day is the Low of Day (LOD).
It can act as a temporary support level and often provides buying opportunities, as prices tend to rebound from this point.
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