Pivot Points Standard
Pivot points: support and resistance levels for each day, week or month from the previous period's high, low and close.
How to read it
- P is the central level; price above it leans bullish for the period, below it bearish.
- R1-R5 above and S1-S5 below are common targets and reaction levels.
- Levels reset at the start of each period.
Key settings
- Type: Traditional (default), Fibonacci, Woodie, Classic, DM or Camarilla.
- Timeframe Auto: daily on intraday charts, weekly on 1D and up, monthly on 1W and up.
- 15 periods back; each level and its labels can be toggled.
Good to know
- Drawn on the price pane, over the candles.