Saksoft Limited

Pivot Points Indicator - Explained with SAKSOFT chart

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Pivot Points Explained with SAKSOFT

Introduction
Pivot Points help us identify important swing highs and lows where the market changes direction. They are simple but powerful in understanding structure, support/resistance, and trend strength.

1. Pivot Low – 186.05
Price fell but held at 186.05. After enough candles, this level confirmed as a pivot low → strong support.

2. Pivot High – 253.51
Price tried to break 253.51 but failed. After sideways movement, this level confirmed as a pivot high → resistance zone.

3. Time Confirmation
A pivot point doesn’t form instantly.
It can take 10 or more candles, depending on timeframe and volatility.
Waiting filters noise and confirms real structure.

4. Next Pivot Low – 195.06
Price didn’t break 186 but formed a new low around 195.06.
This showed demand, but overall structure was still weak (lower highs).

5. Breakout Above 228
Price held above the 200 EMA and broke past the swing high at 228.
This created a new pivot high and signaled strength returning to buyers.

6. Support Flip – 208 Zone
The previous resistance at 208 flipped into support.
At the same time, 20–50–200 EMAs started aligning upward → bullish confluence.

7. Trading Insight
High-probability setups come when multiple factors align:

Price above 20–50 EMA
EMAs aligned in one direction
Bullish structure (Higher Highs, Higher Lows)
Strong support holding

Conclusion
Pivot Points + EMAs = simple yet effective way to read market structure.
They help identify support/resistance, confirm reversals, and guide trade planning with higher probability.

What do you think about using pivot points in your trading? Do you wait for them to form before planning entries? Share your experience and viewpoint

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