Pivot Points by Auto Markets is a simple yet essential tool for traders looking to identify potential support and resistance levels. These levels are calculated using the previous day’s high, low, and close prices, providing actionable zones for trading strategies.
Key Features: • Pivot Point Calculation: Automatically plots the daily pivot point. • Support and Resistance Levels: Includes two levels of support and resistance for a comprehensive view. • Dynamic Updates: Levels automatically update at the start of each day. • Includes Auto Markets branding, ensuring professional credibility.
How to Use: 1. Use the pivot point (yellow) as a central reference for the day’s price action. 2. Watch for price reactions at the support (green) and resistance (red) levels. 3. Plan trades based on these key levels for optimal entries and exits.
About Auto Markets:
Created by Auto Markets, empowering traders with tools to enhance their edge. Visit us at automarkets.co.uk for more innovative solutions.
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