## What Pivot Points are?

The** pivot point** is daily calculated. It identifies areas of **resistances and supports**. Although its calculation is mathematical, the **pivot point** also plays a very important psychological role for many traders who will buy or sell on these levels.

Similarly, as a **resistance or a support**, the pivot is a line, although it is better to talk about areas. But remain simple. This is the point at which a trend can change. If the **pivot point** is broken on the rise, it is a signal to buy.

On the other hand, it can also be a signal to sell. It is important to note that the **pivot point** is mainly used in the short term to take advantage of small price changes. Read more about Using Pivot Points Levels

Pivot

Pivot (P) = (H + L + C) / 3 Resistance (R1) = (2 x P) - L R2 = P + H - L R3 = H + 2 x (P - L) Support (S1) = (2 x P) - H S2 = P - H + L S3 = L - 2 x (H - P)

Woodie

Pivot (P) = (H + L + 2 x C) / 4 Resistance (R1) = (2 x P) - L R2 = P + H - L Support (S1) = (2 x P) - H S2 = P - H + L

Camarilla

R4 = (H - L) x 1.1 / 2 + C R3 = (H - L) x 1.1 / 4 + C R2 = (H - L) x 1.1 / 6 + C R1 = (H - L) x 1.1 / 12 + C S1 = C - (H - L) x 1.1 / 12 S2 = C - (H - L) x 1.1 / 6 S3 = C - (H - L) x 1.1 / 4 S4 = C - (H - L) x 1.1 / 2

DeMark’s

If Close < Open: X = H + (2 x L) + C If Close > Open: X = (2 x H) + L + C If Close = Open: X = H + L + (2 x C) R1 = (X / 2) - L S1 = (X / 2) - H