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For many years, traders and market makers have used pivot points to determine critical support and/or resistance levels. Pivots are also very popular in the forex
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Pivot point adalah suatu level yang digunakan para trader untuk memprediksi garissupportdan garis resistance. Pivot point termasuk dalam analisa teknikal meskipun
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In its simplest definition, a pivot point in forex is the combined average of the high, low and close prices from the previous trading session.
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A forex pivot point is where a trader believes that the sentiment in the market is about to turn.
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