Easy Pivot Points
Take the daily candle from the previous day and add the sum of the high, the low, and the close. Divide this sum by 3. The answer will give you a quick daily pivot. This formula can be used on any candle of any time frame to estimate current pivot points.
Adding up the sum of the high and low, then dividing by 2 gives you quick 50% fib calculation. This formula can be used to calculate candle 50% fib, or swing high/swing low 50% fib.





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