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Source of the books contents:- www.bdpips.com

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(higher lows)

(lower high)

(ranging)

(top) (bottom)

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(higher highs and higher lows)


(lower highers and lower lows)

(ranging)

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......... .........

(PP)


) R1, R2 R3

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S1, S2 S3 (PP)

PP = Pivot point ( )

S = Support ()

R = Resistance ( )

High =

Low =

Close =

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R3 = High + 2 x (PP Low)


R2 = PP + (High Low) = PP + (R1 S1)
R1 = (PP x 2) Low
PP = (High + Low + Close) / 3
S1 = (PP x 2) High
S2 = PP (High Low) = PP (R1 S1)
S3 = Low 2 x (High PP)
High, low close


High, low close

( )

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