ER2 Camarilla
quote:
The Resistance pricing in the Camarilla column show lower prices than the Pivot Point.
Thought you might like to check your equations...or, do I not understand them?
Yes, this is possible because the pivot point is calculated using the average of the High, Low and Close. The resistance and support points are calculated using fractions of the range from the Closing price. Take a look at the formula: Camarilla Pivot Points Formula
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