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TD Level 2 and 3 Pivots

These are level 2 and level 3 TD pivots . Level 2 and 3 pivots are formed when a local low or high is formed conforming the monotonic patterns described pictorially below:

Level 2 Pivots

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Level 3 Pivots

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Adjacent pivots form trendlines that when broken signify a change in trend and can be traded as breakout areas.
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