Disliked{quote} Hi Cheng, Pivots are levels that change each week. This weeks UJ pivot around 101.20 was hit early on Monday and has, as you mention, displayed strong upward momentum all week and currently sits in between the R161 and R200 levels. Given today is Friday, you can start to think about next weeks pivot level, which will come in somewhere around the 104.25 area - (give or take depending on today's close). So the question is not will price action return to today's pivot, but to think about how price might move lower to trade at next weeks anticipated...Ignored
Thanks for the insights appreciate it. I have a better understanding now. Just to check if my chart look alright? I cant seem to change the time zone shift I am on a GMT +2 server. Whenever i change the broker time zone to false and change the candle start and end it reverts back to the original settings again..