Will the EU and Britain be able to negotiate a mutually beneficial post-Brexit trade deal?
You have already voted in this poll
I can’t decide.
Determine Market Trends Using Support and Resistance Price Levels
Available on the:
How to open a demo account
Pivot point (volatile)
Determining market trends using Support and Resistance price levels.
One of the most popular methods in technical analysis used by both institutional and retail traders is determining the resistance and support levels using the so-called Pivot Point, which in turn is the starting point when defining market sentiment as bullish or bearish.
Resistance and support levels are distinguished for their ability to limit the appreciation/depreciation of a certain asset. The most-commonly used technical tools for determining resistance/support levels include: prior tops/bottoms, trend lines and trend channels, Moving Averages and Fibonacci Retracements.
The Pivot Point is a technical indicator calculated as the average value of the high, low and closing prices of a certain asset for the preceding time interval. Pivot points serve as resistance or support levels depending on whether the current price is below or over the pivot point.
Deltastock shall not be rendered responsible for inappropriate calculation of resistance/support levels due to technical errors. The data presented in the above tables is allocated purely for informational purposes and does not represent advice or recommendation for trades.
Risk Warning: Trading оn margin carries a high level of risk to your capital and may not be suitable for all investors. You may lose more than your initial investment! Ensure you fully understand the risks involved and seek independent advice if necessary.
The information on this site is not intended for use by, or for distribution to, any person in any country or jurisdiction, where such use or distribution would contravene the local law or regulation.
Sucursala Bucuresti: Str. C.A. Rosetti, Nr. 17, Bucharest City Center, Sector 2, Bucuresti, Romania. Inregistrata in Registrul Public al CNVM Romania cu numarul: PJM01SFIM/400004, Numar de inregistrare la Registrul Comertului: J40/8378/28.07.2009, Cod Fiscal 25826670, Cod operator date personale 16788/20.05.2010.
EU Regulation: Deltastock AD is fully licensed and regulated under MiFID. The company is regulated and authorised by the Financial Supervision Commission (FSC), Bulgaria.