Whyi can say "Pivot by morning" at R6
Updated
I wanted to explain to people how this is possible... notice how todays pivots are calculated with yesterday in mind in such a way to get us to pivot easily.
I have said this, in similar situations many times, so far it has always worked.
This also means we don't have to only short from R6 (or maybe even R10 (TSLA) )... we can go higher because there is room now.
I have said this, in similar situations many times, so far it has always worked.
This also means we don't have to only short from R6 (or maybe even R10 (TSLA) )... we can go higher because there is room now.
Trade active
It also works from S5, pivot byu morning, we're above Pivot now, so I predict R4-R6 tomorrow.
Please check out Kauai Dave Pivot Traders on youtube. youtube.com/channel/UCNpY7S_s1cxw0cer4PyEEMQ
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