DislikedI have MT4 for fxdd and ibfx. How can I get the pivot on my chart?Ignored
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Dislikedfibopiv and pivot_calculator both give the same pivot so I think it's correct.Ignored
DislikedI'll take a shot. I'm no pro.
You have Price stalling at a strong S/R level. You now look at Price Action to show you where price will go. Besides looking at just one Bar (candle) formation on the Daily chart, you combine candles to give you Price Action infomation. When you combined the two candles at the S/R level you get a doji or spinning top which is a clear reversal pattern. The confluence of other signals (that S/R level is at a 50 Fib level as well, correct?) the stronger your reversal becomes.Ignored