The price bar has an open, high, low and close. The pivot is composed of a minimum of three bars and occurs in every time frame. The pivot lows and highs are used to draw trendlines to show support, resistance and trend direction.
Image below shows the pivot high and pivot low on candlestick charts-


Structural Pivot is the best
ReplyDeleteWhere can I learn about structural pivots and how to trade using structural pivots.
DeleteWhere can I learn about structural pivots and how to trade using structural pivots.
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