---
title: "08_method_wait-for-the-pivot-to-confirm_FINAL"
url: https://stacklist.com/card/7087c7f6-b470-4112-b246-f3d21236e718
stack: https://stacklist.com/stack/98fbbf51-3b25-4e70-9bea-0c6a3358924e
summary: "Pivot is a trading concept referring to a price level in space that traders wait for confirmation on before entering trades. The method involves observing candle patterns and waiting for price action to confirm the direction of movement before executing a trade."
tags: "pivot, trading, confirmation, candle, entry-signal, technical-analysis"
key_entities: "pivot (concept), trade-entry (concept), candle-pattern (concept), price-confirmation (concept)"
classification: "transcript"
content_hash: "sha256:58b9f989b0cec0c09db034d9f7fc5e1ec0b51be1e04b734ad7a9fa2ea99c15b9"
acp_version: "0.2"
token_counts_approximate: 103
visibility: public
agent_accessible: true
status: "final"
---

# 08_method_wait-for-the-pivot-to-confirm_FINAL

[00:00] This is known as the pivot because it's out in space somewhere.
[00:04] Right. Okay.
[00:07] Right. So if you were going to enter a trade, you wouldn't necessarily enter a trade until you get through this pivot.
[00:18] Mhm. Right. Okay.
[00:20] And then we want confirmation that it's going to continue in the same direction. And you see here we have a big candle and all of a sudden it came back up.