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Re: Combining Candlesticks, Indicators, and Pivots
Question concerning Pivot and retracements.
As the strategy dictates, you want to wait for a retracement to the pivot before entry. Whould a candlestick pattern Tweezer Tip formation , as seen on the YM chart today 9/25/2006 at 10:47am be considerd a pivot test and then retracement on the next bar. In this particular instance, the YM never looked back, it just kept going.
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