Secrets of pivot boss || Frank Ochoa || Pivot Width Analysis - Pivot points & Histogram strategy 🔥🔥
Автор: JoJo
Загружено: 2020-06-11
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Secrets of pivot boss || Frank Ochoa || Pivot Width Analysis - Pivot points & Histogram strategy 🔥🔥
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The width of the central pivot range is one of the best methods for forecasting potential price behavior for the following session in the market.
An unusually narrow pivot range usually indicates the market is primed for an explosive breakout opportunity. Therefore, it becomes highly beneficial to know when this relationship has formed.
A tight central pivot range can be dynamite. You want to be aware when a day has the potential to start off with a bang.
The histogram is fairly straightforward and easy to read.
Basically, any reading below the midline of 0.5 indicates a trending type of day. while any reading above the midline of 0.5 indicates a Sideways or Trading Range Day
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