One thing that I learned early on in trading is to be wary of support and resistance levels that are established during “down hours.” That is, times during the day when the market simply isn’t very active because the three main market sessions (i.e., Asian, European, and North American) aren’t open (8PM-11PM GMT), or during the tail end of the Asian session – which precedes the open of the European session at 7AM GMT/2AM EST (3AM EST depending on the time of year).