Pivot Points is common technical term which is being used for calculation of supports & resistances for current period on basis of values (High, Low, Close) of previous period. Detailed formulas for self calculation are mentioned below:-
Technical 3
Level | 1st | 2nd | 3rd | Supports | 0.00 | 0.00 | 0.00 | Resistances | 0.00 | 0.00 | 0.00 |
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