Pivot Points

Overview

Pivot Points calculate key support and resistance levels based on the previous period's high, low, and close — including Standard, Woodie, Camarilla, and Fibonacci variations. They are the primary intraday level framework for forex and stock day traders worldwide. Combine Pivot Points with VWAP on TradingView for institutional-grade level analysis.

How It Works

Standard Pivot = (High + Low + Close) / 3. Support and resistance levels (S1, S2, S3, R1, R2, R3) are derived from the pivot using the previous range. Different formulas (Woodie, Camarilla, Fibonacci) weight the components differently. Levels reset each new period (day, week, or month).

Key Signals

• Price above the central pivot = bullish session bias; below = bearish bias.
• R1 and S1 are the most commonly tested intraday levels.
• Price reaching R3 or S3 signals extreme extension and likely reversal.
• Confluence of pivot levels with Fibonacci or VWAP strengthens the zone.

Common Mistakes

• Using daily pivots on weekly or monthly charts — match the pivot timeframe to your trading horizon.
• Not knowing which pivot formula your broker or platform uses — results vary.
• Treating pivot levels as hard barriers instead of zones of expected reaction.