The monthly pivot for October includes key support and resistance levels calculated based on last month's price data. Crossing above the mid-pivots can increase the likelihood of the current trend strengthening.
Price movement above the pivots:Indicates a strengthening bullish trend and the potential for continuation.
Price movement below the pivots:May indicate selling pressure and a weakening bullish trend.
Price movement above the pivots:Indicates a strengthening bullish trend and the potential for continuation.
Price movement below the pivots:May indicate selling pressure and a weakening bullish trend.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.