Chapter 2: ''Mid'' or Mid Points.
Simply 1/2 of the two Main nearby.
M-1 is halfway between Support2 and Support1.
M-2 is halfway between Support1 and Central
and thus M-3 and M-4 are above Central , counting UP.
Not sure why it is done this way, but you get used to it
Mid are used by many traders, and sometimes called 'Minor' .
They often cause a break/turn, especially if near another time frame .
I add a mid if price is near the range, to gauge the effect in detail.
Scalpers should just get in the habit off adding them each week/month.
For Mid I usually only add to Monthly and Weekly.
One could add to Daily as well, and that would be valid.
I add Daily if I am performing surgical precision analysis.
MID-Pivots are NOT in the TV indicator ''Pivot Points Standard''.
So I add them manually, with a fib to find 50% between two main points.
Hopefully TV will ad a indicator with Mid soon.
There may be indicators created by Users, that include Mid
For this tutorial I wanted to use readily available TV features.
Just a quick look at how the Pivots are lining up for this week.
A couple of ''clusters'' or ''zones'' to watch where multiple pivots are close.
LTC over last couple of weeks:
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