BTC Pivot thoughts for Week of May 20th

21 במאי 2018

Last week started just under Weekly Central.
Bears pounced and pushed down to Weekly S1.
But could not push down to M3 or the vaulted S2.

Bulls were weak to start but came back.
Bulls pushed it back up to Monthly Pivot, not bad.

This week starts with a cluster of all three main pivots.
We have economic news from US that might make Dollar stronger yet.
Monday will be a telling day for the progress of this week.

Good Luck to all Pivoteers!

23 במאי 2018

הערה

If you are not sure what ''Pivots'' are, check this Guide, which has 2 other chapters linked within. The word 'PIVOT' is used in a lot of different ways. These Pivots are the classic method used by Pit traders (S&P, OIl) for decades. They still work!