FTSE Dots Pivots

Updated

In this project the simulated markings and drawings are designed to catch and/or anticipate potential pivot points in the price action. Dotted icons are potential price predictions. Bounces or candlestick shadows at the shapes are also another type of event to look for.

Examples of pivot points (and or bounces/candlestick shadows) have been highlighted in the past price action.

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Pivot point at the first marked time stamp. Then another one 4 points above the grey rectangle, but it can be considered at the orange marked price level.

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Two rebounds at the marked price 7458 (white line). The price avoided the fat ellipse and the potential price prediction. Not my a big margin though.

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Another pivot point right at the orange marked level.

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A hit on the yellow dot icon which was a potential price prediction.

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After the hit on the yellow dot, the price entered the white ellipse and it kind of formed a channel inside it, finding support several times on the lower edge of it.

At the time stamp of the blue dot, there was a high that has not been broken yet and the icon at is still in sight in case it is hit too.

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Hit on the man

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Pivot point one hour after the marked time stamp.

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Bounced from the marked price level 7507.

Project almost over. There were plenty of pivot points at the drawings for swing trading.

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End of the game. That was a good last pivot point at the green line. Potential reentry at the red time stamp for the brave.

nen

Related publications

FTSE Flirt

by nen

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