trader_dante
Veteren member
- Messages
- 4,535
- Likes
- 1,538
Any reason why you drew in the pivot there and not higher up, Tom?
I think there are pivots in both places but I think that the longer tails at my area put a little more emphasis on areas of REJECTION - which, in turn, shows they were VALUE areas.
Also, I put a little more emphasis on more recent price action.
Read the chart from RIGHT to LEFT not like the eye which naturally goes from LEFT to RIGHT.