Does MPP (P) 22372.6 work?There is no trend, it is NK225 that goes between 22000 and 23000 range.
However, it is still difficult to understand price movements.
I think that there is no problem by doing both trading and selling.
<< tactics >>
1) MPP (P) 22372.6 can be recognized as functioning.
short.
There is WePP (S1) 22195.6 on the way, but thought to penetrate, it limits above 22000.0.
However, consider exit if it is reflect cleanly in WePP (S1).
2) MPP (P) 22372.6 cannot be recognized as functioning.
Pierce the MPP(P) upwards and recognize the support and consider the long.
I think that double zero 22500.0 is losing its function. But if it works I thinks of exit .
I would be grateful if you like it idea,give me follow or agrees!
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Brown thick line: Yearly Pivot Points (YPP in the text)
Light blue thick line: Monthly Pivot Points (MPP in the text)
Green thin line: Weekly Pivot Points (WePP in the text)
Indigo thickLine: Horizontal line or Trend line seen by weekly or monthly
Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily
Indigo dotted line: outstanding double zero
Red curve: EMA 20 close
Indigo curve: EMA 200 close
Green curve: EMA 800 close
Black curve: EMA 1600 close
x mark: Line which may not function
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