It is one of the most versatile technical analysis methods, suitable for all markets and assets. Based on the calculation of 7 prices - the pivot point itself, 3 support levels and 3 resistance levels. Based on them, it is possible to track the moment when the price of an asset first falls to the lowest point favorable for buying, and then soars to the top, after which it will be possible to fix profits.
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Trading on financial markets carries risks. The value of the investments can both increase and decrease and the investors may lose all their investment capital. In case of a leveraged product, the loss may be more than the initial capital invested. Detailed information on risks associated with trading on financial markets can be found in General Terms and Conditions for the Provision of Investment Services..
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