Chapter 9  Example Cases for Calculating Pivot Points (3&4)

Case 3: Open price is between L3 and L4

Wait for the price to go above L3 and then when it moves back above L3 again go long. Target will be H1,H2 H3 levels and stop loss  below L4.

Wait for the price to go below L4 and then when it moves below L4 go short.

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