TA frequently refer to Pivots Points that can be defined as a point at which a major price movement is expected to occur.
Pivot Points basically define directional price movement or support and resistance levels.
Pivot levels are calculated using the previous session’ High, Low & Closing Prices of the stock, commodity & forex (currency).
There are four most popular methods: Classic, Woodie, Camarilla & DeMark. And Moneymunch Pivot Point Calculator Trading tool will help you to calculate fast and easily.