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Technical Analysis

Pivot Points

Calculated support and resistance levels based on previous price data.

Full Definition

Pivot points are technical analysis indicators calculated from the previous period's high, low, and close to determine potential support and resistance levels for the current period. The central pivot point (PP) plus multiple support (S1, S2, S3) and resistance (R1, R2, R3) levels help traders identify entry/exit points and potential reversals.

Related Terms

SupportResistanceDay Trading
Learning Progress
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