All Pivot Points Indicator
Pivot Points Indicator is widely used in trading to identify potential support and resistance levels in the market. Traders typically look for entry signals around these levels: a buy entry is often triggered when the price bounces off a support level, particularly the main pivot point or its associated support (S1, S2), while a sell entry can be considered if the price forms a reversal at a resistance level, especially at the main pivot or its associated resistance (R1, R2). Additional confirmation from other technical indicators, such as moving averages or RSI, can enhance the reliability of these signals.