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Indmoney

CSA5Steps Historical Pivot Points Standard

Indmoney  
Pivot Points
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pivotpoints
Historical 4 hour pivot point

• The 4 hour pivot point was created for the intra day trader to find the shorter term turning points ( support & resistance lines) on shorter than one day time frames
• In this example the 4 hour pivot point takes the average of the high + low + close of the 4 hour time frame, divided by 3, and used in conjunction with the Jack in the Box indicator
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