Pivot Points DWM

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What Is a Pivot Point?
A pivot point is a price level calculated from previous prices. It's used to indicate potential areas of support or resistance that offer attractive reward-to-risk setups for trades. The pivot point itself is simply the average of the intraday high and low and the closing price from the previous trading day. Trading above the pivot point on the subsequent day is thought to indicate ongoing bullish sentiment. Trading below the pivot point indicates bearish sentiment.

* Non-Repainting

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Phát hành các Ghi chú

Predict next pivot points level with gray line

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Phát hành các Ghi chú

Minor change