The pivots tool utilizes the traditional pivot points calculation with a twist. Based on previous price action, indicated levels (R and S) above and below current price, point towards significant price decision levels where price gathers greater chances of turning. Traders also use these levels as targets to capitalize on market moves occurring within these levels and/or from level to level.
R – Resistance (level above the current price)
S – Support (level below the current market price)
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3 Install
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4 Restart
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