Learn Pivot Point with Examples

Investors utilize the pivot point, a technical analysis technique, to forecast market movement in a financial market. The closing value is calculated by averaging relevant prices, such as the greatest and lowest values, from prior deals. Future price movements are interpreted as increases or decreases depending on whether they are above or below the pivot point. The area between the support and resistance levels as well as the range where prices are most likely to move are shown by the pivot point, which is relatively simple to insert on price charts. Pivot points are a very helpful technical analysis tool, particularly for traders looking to profit from minute price changes.

The purpose of this course is to assist investors in making wise trading choices in the markets they are currently trading in. The pivot point calculation procedures, technical details such as identifying the support and resistance levels, and the analytical process are all discussed in straightforward terms to make it simple to comprehend. On the other hand, trading examples from both domestic and international markets will be used to provide all of this technical knowledge. Your trading judgments will be safer in the market you are in with the theory, case studies, and practical cautions.