again some basic confusion....
rajen the encircled pivot shown by u has four bar , where the 3rd bar is lower than the 2nd bar and then the 5th bar crosses the high of all 4 prev bar to be called as a pivot...ok got it...
but here as mentioned by vineet the 3rd bar is already higher then the 2nd bar ....so wts the difference between yrs & vineet ?
the diff is no of bars...if u see the above pivot chart u have put does not have the pattern like we have got today for 3 bar...where the 3rd bar is higher then the 2 nd bar...look at the chart below
pls clarify it cuz these r the fundamentals of our method......