Our trading calculator will help you take better decisions before opening positions
Pivot Point
Pivot Point = ( High + Low + Close) / 3
First level Support & Resistance:
First Resistance = (2 x Pivot Point) – Low
First Support = (2 x Pivot Point) – High
Second level of Support & Resistance:
Second Resistance = Pivot Point + (High – Low)
Second Support = Pivot Point – (High – Low)
Third level of Support & Resistance:
Third Resistance = High + 2 X (Pivot Point – Low)
Third Support = Low – 2 X (High – Pivot Point)