Refine your entry and exit points with pivot point analysis from "summary" of Secrets of a Pivot Boss by Franklin O. Ochoa
When refining your entry and exit points with pivot point analysis, it's important to understand the key levels that can act as significant support or resistance. These levels can provide valuable insights into potential turning points in the market, allowing you to time your trades more effectively. By using pivot points, you can determine optimal entry and exit points based on the market's current trend. For example, if the price is approaching a pivot point resistance level, you may want to consider selling or taking profits, as the market could reverse at that point. On the other hand, if the price is nearing a pivot point support level, it may be a good opportunity to buy or enter a long position. Pivot point analysis can also help you ide...Similar Posts
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