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The pivot point is a technical analysis indicator used in trading to determine potential support and resistance levels for a specific asset. It is calculated using the high, low, and close prices of the previous trading period, and it indicates the point at which the sentiment of the market may change from bullish to bearish or vice versa. It is used by traders to make decisions on entry and exit points for their trades.

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1y ago

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Related Questions

What is a term for the point of which a lever pivots?

The point where a lever pivots is called a fulcrum.


What is the term for the bar that pivots at fixed point of a lever?

The fixed point where a lever pivots is called a fulcrum.


The fixed point that a lever pivots around is called the?

A lever pivots on a fulcrum.


What is the term for the point in which a lever pivots?

The term for the point in which a lever pivots is called the fulcrum. It is the fixed point around which the lever rotates when a force is applied.


What is a fixed point at which a lever pivots?

Fulcrum


What is a bar that pivots on a fixed point?

A lever.


Which is the term for the point on which a lever pivots?

The fulcrum. A Lever is a rigid rod to which a force can be applied to overcome a resistance. The point at which a lever pivots is called the fulcrum.


What is the term for the point on which lever pivots?

The fulcrum. A Lever is a rigid rod to which a force can be applied to overcome a resistance. The point at which a lever pivots is called the fulcrum.


A rod that pivots about a point?

A rod that pivots about a point is known as a lever. Levers are simple machines that amplify force or distance when used to lift or move objects. The point about which the rod pivots is called the fulcrum.


What is the name of the place were a lever pivots?

The point where a lever pivots is called the fulcrum. It serves as the fixed point around which the lever rotates when force is applied.


What is the term for the bar that pivots at a fixed point?

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