Pivot Levels - High-probability price levels derived and assumed from technical analysis. There are different methods for calculating pivot points. A classical way for pre-determining the pivot point is to divide the sum of the high, low and close prices of the previous period by 3.

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Pivot Levels - High-probability price levels derived and assumed from technical analysis. There are different methods for calculating pivot points. A classical way for pre-determining the pivot point is to divide the sum of the high, low and close prices of the previous period by 3.

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