2 MA Method- easier part of "Pivot Method"

[fnoQ]

Here marked BankNifty Visual pivots from 23.3.17 in 5 min tf in continous parts and finally all in single image

This is just for my practise also posting some charts here .

 

[Subhadip]

Here marked BankNifty Visual pivots from 23.3.17 in 5 min tf in continous parts and finally all in single image

This is just for my practise also posting some charts here .

Apparently OK...Good job..

 

[fnoQ]

As opened gap up abv previous mph s yesterday low becomws VPL , and after that one VPH formed ,

 

[fnoQ]

ACC

 

[fnoQ]

hourly

 

[fnoQ]

Daily - closed abv 3 ema on friday
hourly - gap up opened , now wiating for one decline to form one pivot and again rally to cross today high 1473.45 , for buy .
though not taking trade ,today pi not opening from morning :annoyed: just posting.

abv green line buy
blw red line sl.

 

[fnoQ]

can anyone tell me is these erl s right ? think red erl 1, 2 for downtrend may be right , but red erl 3 for downtrend is right ?

does green erl 1 for uptrend can taken now or erl can taken only after visual uptrend confirmed only ? ie now vpl there , after forming new vph1 , 2 nd vpl ,and crossing 1 st vph then only have to take vph 1 end or vpl start as erl ? or we can take these minor pivots confirmation erl also ?

 

[fnoQ]

im just mark only lines dont know how to use with these for trading , :lol:

 

[fnoQ]

 

[fnoQ]

is erl 1 is right taken from clear trend , erl 2, 3 taken in sideways so not important ?