Maybe a lot of traders are confused with the saying, " All the information you need is right in front of you.
The price you see in the screen is always final. So price action always speaks for itself. So, how can you analyzed a price if it is going up or down? That is were pivotal points starts. We need reference points or my Green signals. You can determine the price if it is going up or down from your reference point.
That is why it is important to probe on your reference point, to know if you are on the right side of the market.
Important thing to watch from the pivot point is the line of least resistance and the speed of acceleration from farther from the point.
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