Using 4hrs chart time frame for pivote point will i calculate at the end of every 4hrs or hold it throughout the week
Every 4 hours i think
If wanna hold it throughout the week why not use weekly pivot?
But pls can i use the weekly pivote to predict the market on 1hr time frame pls
I see,
And i think people usually use pivot as area interest and gauge of market sentiment CMIIW
Pivot as MA
pls explain further i dont understand
Which part?
Because so many people are looking at those levels, they almost become self-fulfilling.
Many traders keep an eye on these levels and you should too.
Many people interested at pivots levels
As sentiment