Results 1 to 2 of 2
Like Tree1Likes
  • 1 Post By kor4x

Thread: Confirmation Techniques for the XABCD diagonal pattern: Pivot Points

  1. #1
    Wizard
    Join Date
    Oct 2011
    Location
    A, A
    Posts
    2,574

    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 05:53 PM.

  2. #2
    Wizard
    Join Date
    Oct 2011
    Location
    A, A
    Posts
    2,574
    today's example from EURUSD -> Confirmation Techniques for the XABCD diagonal pattern: Pivot Points-xabcd-diagonal-pattern-pivot-points-eurusd-example-2013-01-04_1848.png
    Daily S1 pivot level could be used to fine tune the XABCD diagonal entry.
    Bes likes this.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41