Multiple pivot type confluence seen once again. 27.2 PDMM is hit religiously every Asian session to only bounce it and reverse about 80-90% of the time.

Can you think of a way to trade this?

100 PDMM projected from the CLOD. The daily close was above the daily pivot and above the weekly pivot, a high probability that the trend will be long.

Looking at Support here with confluence of Weekly S1 @ 132.16, 127.2 PDMM projected from CHOD @ 132.13 and 100 PDMM projected from last swing high @ 132.08.

Looking short. Confluence of 78.6 retracement of harmonic CD leg and 127.2 PDMM projected from the CLOD. Only concern is the Daily Pivot now possibly acting as support.

The next Res level to look short is at 125.19/29. Confluence of 88.6 of CD, 150/162 PDMM zone and R1 floor pivot.

Target hit

Here is an example of 2 primary parts of the system.
1. Always look at the prior day's  pivot levels for S&R as here the prior day's pivot was support.
2. Pay attention to the prior day's PDMM levels if the 50/62 zone was never broken on the previous day. Those values particularly the 100 level is still in play.

The price movement today was held within the 50/62 PDMM off of the CLOD and the previous day's 100 PDMM level. This is often seen and what I talk about watching for.

This pic is a perfect example of needing to watch the prior days pivot levels, fib pivots as well as the previous week's levels. All last week EY was bounded by the weekly R1-S1. The final orders resting at Weekly S1 were hit and price reverses.

An example of how important it is to look at the prior pivot levels.

Setup that has already been hit at 50 PDMM.

The first signal of the day is a long after the new day and price hits the 50 PDMM. Price retraces back to the PDC and off again long to the 50 PDMM. This time it struggles and breaks into the 50/62 zone. I often look for reversal signs here. If price breaks this zone I look for 100 PDMM as a target or price targets that are still in play from the previous day. In this instance price goes to the previous day's R2. In trading price action I see this all the time as orders that are placed on one day may not be hit until the next day if they were not cancelled.