Hi....Thanks for sharing....as I understand the forecast is ~340ish by 27th Sep 21 ...is this interpretation correct ? Also can you clarify what first weekly pivot implies here ? Thanks and regards
benjihyam
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@sk12722, no that’s not correct. A pivot is a change in direction of price. Price would start to decline after the week of September 27th and can stop at any of those support levels on the way down. If one level breaks, it’s likely to hit the next one. The next pivots would change the direction back up