While many individual traders planning to enter the pivot, and negotiating the move to outside the pivot, professionals think backwards. Novice traders need to take a different approach to enter with better odds that might be missing.
It is almost always more successfully (a) to look for a stage of congestion instead of a stage of trend - due to the fact that to that the majority of days are days in congestion, and (b)exit at the pivot, because most traders are looking to start an investment and the volume increases.
____WEEKLY_____
Weekly - R3 = 1.4249
Weekly - R2 = 1.4081
Weekly - R1 = 1.3988
Weekly Pivot = 1.3820
Weekly - S1 = 1.3727
Weekly - S2 = 1.3559
Weekly - S3 = 1.3466
____MONTHLY______
Monthly - R3 = 1.5083
Monthly - R2 = 1.4733
Monthly - R1 = 1.4060
Monthly Pivot = 1.3710
Monthly - S1 = 1.3037
Monthly - S2 = 1.2687
Monthly - S3 = 1.2014