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The blue pivot line marks when a trend is reversed, to help manage risk. In this example, the price is expected to decline.
It is important to grasp the knowledge of how to interpret them and their commentaries. You will trade easier and make informed decisions with the help of an advanced charting package, along with technical indicators, seeing a clearer picture of the markets. Analyst View offers several updates every day for each product.
You can put the indicator on charts and start using immediately! Then you will love this indicator! It scans for 16 patterns on your charts and provides informative comments about them. It also tells how to interpret the emerging patterns and most likely outcomes.
It suggests support points and likely exit levels. You can check moving averages and notice confirmed trends as well.