Price Swing offer the most widely known Support and Resistance methodology, at Pivotfarm we apply a keen focus to this age old Support and Resistance method. We analyze price swing lows from the 5 minute all the way to the monthly charts for any given market.
Trendlines are an important tool in technical analysis for trend identification and confirmation. They are unique in that they help traders define Support and Resistance across time as well as price. As such they are a predictive form of Support and Resistance and offer great value to traders
Open Gaps are very simply the difference between a prior session close and the following sessions open, if their has been no price action ‘checking’ the prior session close it is considered an ‘open’ gap. Gaps tend to be a magnet for price and form important areas for Support and Resistance