What is a pivot point in stock market analysis?
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A pivot point can refer to a critical juncture where a trend changes direction, often aligning with the completion of one wave and the start of another. Pivot points are psychological and structural turning points that validate wave progressions or indicate potential reversals. It hereby depends on the...
read more A pivot point can refer to a critical juncture where a trend changes direction, often aligning with the completion of one wave and the start of another. Pivot points are psychological and structural turning points that validate wave progressions or indicate potential reversals. It hereby depends on the structure of waves. But now a days people has many misleading views about it. read less
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PIVOT POINT GIVES IMPORTANT LEVELS OF SUPPORT AND RESISTANCE IN A DIFFERENT DIFFERANT TIME FRAME.
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