I only took 3 rules into plotting these two out based on how history of PA and pivots usually goes and they are that
Yearly Pivot WILL get tested. as it has for a decade
Monthly pivot coming up will act as a magnet and pull price to it either before or after a fall (as it does 96% of the time)
That the bull run has more continuation (because sure why not)
Yearly Pivot WILL get tested. as it has for a decade
Monthly pivot coming up will act as a magnet and pull price to it either before or after a fall (as it does 96% of the time)
That the bull run has more continuation (because sure why not)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.