Breakdown means weakness. Look for a display of weakness upon retest of pivot on the other side.
I would want to see at least one lower low + lower high and short a retrace.
Always employ sound risk management.
GLGT
Original idea by Ribz https://www.tradingview.com/chart/USDCHF/cqp94Y5Y-USDCHF-MONDAY-HIGH-PIVOT-HIGH-PROBABILITY-SHORT/
I would want to see at least one lower low + lower high and short a retrace.
Always employ sound risk management.
GLGT
Original idea by Ribz https://www.tradingview.com/chart/USDCHF/cqp94Y5Y-USDCHF-MONDAY-HIGH-PIVOT-HIGH-PROBABILITY-SHORT/
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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.