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11.7 Pivot Points 

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Pivot Points are considered one of the more simple, but effective strategies.
Primarily used for highlighting Horizontal Support and Resistance levels, which can be used as targets for a setup, as well as invalidation.
For a trader that becomes overwhelmed by excess information, Pivot Points can be a simple tool that clears out the noise and encourages you to stick to your strategy.
There are several types of Pivots that you can use on the charts and for those that favour Fibonacci, you can use a setting that combines the two.