Pivot Points

EdwinJ

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Apr 21, 2021
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Who knows where the letter P stands for in the study pivot points?, there are R and S those are simple, but what about P.... Could that be the pivot of the level, price?, and if so how important, or how to read, is that level, price?

Edwin
 

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igor.s

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P stands for a pivot. A typical calculation is P = (H + L + C) / 3
 
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