47. How to Trade Using Pivots
Let’s recap it first, then move into the strategies. Pivot points give the day a clear starting map before anything happens. The central pivot, P,
Let’s recap it first, then move into the strategies. Pivot points give the day a clear starting map before anything happens. The central pivot, P,
Look, we touched on this in the last chapters, but it bears repeating that markets are messy. They almost never move in a straight line.
Stop. Before you go memorizing names like “Head and Shoulders” or getting obsessed over perfect triangles, take a step back. You need to understand why
Trends never move in straight lines. Why? Because market participants aren’t machines. A strong move attracts attention. Participation spikes. Price accelerates. Eventually, that acceleration creates
Last time, we talked about continuation patterns. Those are just little pauses where the market catches its breath before sprinting again. Now? We are looking
Bull traps and bear traps are common market phenomena where price breaks out of a significant level (resistance or support) but quickly reverses, trapping traders