Type | R3 | R2 | R1 | PP | S1 | S2 | S3 |
---|---|---|---|---|---|---|---|
Classic Pivots | – | R2 | R1 | PP | S1 | S2 | – |
Fibonacci Pivots | R3 | R2 | R1 | PP | S1 | S2 | S3 |
Woodie’s Pivots | R3 | R2 | R1 | PP | S1 | S2 | S3 |
what is picot point?
A pivot point is a technical analysis calculation used to determine the overall trend of the market over different time frames also used for predict intraday support and resistance levels of the stocks.
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