kate25

UsdJpy - trading with pivot points and pivot trend lines

FX:USDJPY   U.S. Dollar / Japanese Yen
22
Yen is sitting on the daily trend line below the daily pivot - a break below the daily trend should bring a challenge to the break out of the cup and handle play which is also demand. A break above the daily pivot will bring price back to R3. The chart contains the source code for auto pivot trend lines so they do not have to be drawn by hand. If you want the indicator make the chart yours and you should be able to load the indicator into your own base.
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