- 1 Post By kor4x
Confirmation Techniques for the XABCD diagonal pattern: Pivot Points
Theory but what more important the practical aspects of Pivot Points are presented here -> Confirmation Techniques for the Gartley pattern: Pivot Points
Same way you apply Pivot Points as confirmation technique for the Gartley, Bat, Butterfly and other harmonic patterns, it works for the XABCD diagonal pattern. Pivots give this objective method/advantage to identify potential supply and demand levels (support and resistance levels). Amazing when combined with PRZ clustering/confluence.
In the next posts see the examples of the pivot points used together with harmonic bat patterns.
Last edited by kor4x; 01-04-2013 at 04:53 PM.
today's example from EURUSD ->
Daily S1 pivot level could be used to fine tune the XABCD diagonal entry.