Exhaustion Candle - your opinion please

While identifying an exhaustion candle and checking that it bounced off a pivot line, should only today's pivot lines be considered, or can the bounce be off any of the 3 day pivot lines.

Thanks

 

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Comment by Thanh Ha Lam on July 31, 2012 at 1:00am

any of the 3 day pivot lines

Comment by William A Berry on August 2, 2012 at 2:45pm

I just spoke to Mihaly in the chat room and he confirmed that it is valid to trade the exhaustion bounce off any of the previous 2 day pivot lines, I had the same question Ravi :)

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