How to trade with the pivot points indicator?

What are pivot points?

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Are pivot levels same on all the timeframes?

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How do you find support and resistance?

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Trading Breakouts

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Trading Reversals

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[{"selector":"#anim-6ce77f51-0807-4158-9590-0d7b541657bc","keyframes":{"opacity":[0,1]},"delay":2000,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-22f60725-ee9b-4928-b958-6c15dbf07205","keyframes":{"transform":["rotate(-270deg) translate3d(0px, 1638.19552%, 0) rotate(270deg)","rotate(-270deg) translate3d(0px, 0px, 0) rotate(270deg)"]},"delay":2000,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1ad6b154-6d42-463f-9553-f747ec44dad6","keyframes":[{"offset":0,"transform":"rotate(-90deg) translate3d(0, -857.25279%, 0) rotate(90deg)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.29,"transform":"rotate(-90deg) translate3d(0, 0%, 0) rotate(90deg)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.45,"transform":"rotate(-90deg) translate3d(0, -241.059484548%, 0) rotate(90deg)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.61,"transform":"rotate(-90deg) translate3d(0, 0%, 0) 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0)","easing":"cubic-bezier(0, 0, .5, 1)"}],"delay":4000,"duration":1600,"fill":"both"}] Arrow Arrow Learn more

How to trade with the pivot points indicator?

What are pivot points?

Pivot Points are important levels that traders use to forecast direction and potential levels of support and resistance.

Are pivot levels same on all the timeframes?

It is important to note that pivot levels are different for intraday, daily, weekly and monthly timeframes.

How do you find support and resistance?

All the lines above the current price act as resistance and all the lines below the current line act as support.

Resistance

Support

Trading Breakouts

When the price crosses above the resistance, a bullish movement is expected. When the price crosses below the lines, a bearish movement is expected.

Price crossing above the line.

Trading Reversals

For reversals, traders can look for reversal patterns near the lines.

Inverted Hammer at the resistance line.

Learn More about Support/Resistance