INVITE-ONLY SCRIPT

Diamond Pivots

106
When price changes direction, it forms Pivot. They are also called reversals, because they represent the point where the price reverses direction.
There are two varieties of pivots: Pivot high and pivot low
A pivot high occurs when the price is moving higher, then changes directions and begins moving lower.
A pivot low occurs when the price is moving lower, then changes direction and begins moving higher. Since the financial markets are in a constant state of movement, pivots are constantly forming.
The Pivot is identifying the liquidity points or sweeps of liquidity

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.