Example Cases for Calculating Pivot Points (1&2)

فصل 8 Example Cases for Calculating Pivot Points (1&2)

Case 1: Open price is between H3 and L3

Buy when the price move back above L3 after going below L3. Target will be H1, H2, H3 levels. Stop loss can be placed at L4 level

Wait for the price to go above H3 and then when it move back below H3 again sell or go short. Target will be L1,L2 L3 levels and stop loss above H4

Case