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#Livermore #pivotal_point
I use 5-10% above previous low.
I do prefer undercut of previous low for a Wyckoff spring style bounce but we will not always get that.
I believe this is one of the absolute best setups from a RR perspective.
#smartmoneymethod
I use 5-10% above previous low.
I do prefer undercut of previous low for a Wyckoff spring style bounce but we will not always get that.
I believe this is one of the absolute best setups from a RR perspective.
#smartmoneymethod
Here we have a very nice transition reversal bar, and we have price rejection at same level before pop with volume.
There have been hundreds of these setups the last 2 months.
There have been hundreds of these setups the last 2 months.
Another example
