I deleted my post because I made a mistake Still that’s what I see … one loss in white the reversal patterns Green / red is profit / loss from close to close But you might be reading it differently.
I am nitpicking above Just because you implied it never fails. That’s an interesting way of reading PA But nothing works 100% of the time. It has the merit to fail small & succeed big At least in a trending environment.
My mentor always called Swing pivots, Energy points of continuation and Energy points of reversal. Pivots can indicate what price "might" do. Illustration for British Pound 15 minute chart.
Comagnum, excuse my lanquage, but that's a beautiful f@cking trade. $Ching $Ching! 2 hour chart..longer time frames are the bomb..for realz