Are pivots useful ?

Discussion in 'Technical Analysis' started by fortuna, Oct 15, 2003.

  1. Good set up this morning with DT and Divergence.

    (Hope the chart shows up)
     
    #41     Oct 20, 2003
  2. the times are cut off. i dont understand what time frame that was. as i understand this is a double top at the pivot, with macd divergence and uptrendline break for confirmation.. correct? personally i noticed taking even double or triple momentum divergences is a sure way to go broke if they are not confirmed by price action (such as trendline breaks).
     
    #42     Oct 20, 2003