Pivot Levels and Importance
Importance of Resistance and Support zones in Stock Market Trading
Prices will never move in one direction or as a Straight line. It is always a zig-zag pattern. We believe History repeats in the Stock market which is why we take trades as per previous movements.
Moving Averages
Fibonacci Retracements acts as Resistance and Supports zones
Standard or Classic Pivot levels are Dynamics they change daily and timely.
Pivot Levels Help in all time frames;
Intraday, Positional, etc.
Resistance - 1
Resistance - 1
Resistance - 1
Pivot Point - 1
Support - 1
Support - 1
Support - 1
