FX:EURUSD   Euro / U.S. Dollar
9
Trading with pivot points and pivot trends - alot going on in this chart of which I have put little into supply and demand /price action as the information would be overwhelming - simple idea - as soon as the 8hr pivot point appeared under the daily pivot point - price became a sell...or it became a buying opportunity as you can see the daily pivots are forming higher highs. Price leaving the pivot channel usually results in our best moves up or down. Price needs to be supported by demand below and will seek out our pivot lows/pivot points above. If price cannot move back up, the daily pivot point on sunday will open lower.
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