Pivot Points
- Pivot Point
-
Distance
Distance
Distance shows the difference between the pivot point and bid rate. It is calculated by subtracting the ask rate from the pivot point rate.
- Bid
- Ask
Daily
| HIGH | |
|---|---|
| LOW | |
| Close |
| R3 | |
|---|---|
| R2 | |
| R1 |
| S1 | |
|---|---|
| S2 | |
| S3 |
Weekly
| HIGH | |
|---|---|
| LOW | |
| Close |
| R3 | |
|---|---|
| R2 | |
| R1 |
| S1 | |
|---|---|
| S2 | |
| S3 |
Monthly
| HIGH | |
|---|---|
| LOW | |
| Close |
| R3 | |
|---|---|
| R2 | |
| R1 |
| S1 | |
|---|---|
| S2 | |
| S3 |
Understanding Pivot Points
Pivot points are used by traders as a predictive indicator and denote levels of technical significance. When used in conjunction with other technical indicators such as support and resistance or Fibonacci, pivot points can...Read More
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