It is worth it to identify pocket pivots when price is under but not to far off from a resistance because once you identify it, you be able to enter a trade relatively earlier and at better price before an actual breakout of the resistance to occur.
One of the many continuation plays we can implement in a rally is pocket pivots.
Pocket pivots is the current up day’s volume must be larger than any of the down volume days in the prior 10 days.
Ideally pocket pivots occur 'before' the traditional buy signal to occur such as breakouts.
In the chart examples, the first one is pocket pivot occur confluenced a...