3 pointsby bratak5 hours ago1 comment
  • uejfiweun4 hours ago
    "The Pivot-Count from P0 to P5 is a method used to identify a potential trend reversal (and has nothing to do with Gann).

    Its rule is simple: Once P5 is reached, the count starts over from P0, just in the opposite direction. As we can see here, P5 is not in yet; we are currently in the process of forming P4."

    Ah yes, right up there with Newton's third law.