Finding Support and Resistance is not as easy as it seems. Especially if the market is all time high/low or is trending.
How reliable is using pivot points to calculate S&R?
Finding Support and Resistance is not as easy as it seems. Especially if the market is all time high/low or is trending.
How reliable is using pivot points to calculate S&R?
i plot it manually first, then use pivot or fibonachi and adjust the resistance and support lines. it also helps confirm my manual analysis improving each time.