I also believe a 5-day pocket pivot works well as well.
Rules on how I implement it is the same as the 10 day pocket pivot. Preferably near Resistance/Support area and inside a flat base.
When it confluences with other well known patterns, then the probability of the setup to work really well is very high.
Rules on how I implement it is the same as the 10 day pocket pivot. Preferably near Resistance/Support area and inside a flat base.
When it confluences with other well known patterns, then the probability of the setup to work really well is very high.