Structural Pivot


DEFINITION of 'Structural Pivot'

A price-bar formation that gives real-time price signals of support and resistance. When a series of price bars reverses direction, it is considered a structural pivot (not a calculated pivot).

The price bar has an open, high, low and close. The pivot is composed of a minimum of three bars and occurs in every time frame. The pivot lows and highs are used to draw trendlines to show support, resistance and trend direction.

Structural Pivot

BREAKING DOWN 'Structural Pivot'

Think of the price pivot as an axis, which is a shaft that supports something that turns. Every pivot is a price turn and shows support (a pivot low) or resistance (a pivot high) for that time frame.

  1. Open

    1. An unexecuted order that is still valid. An open order is ...
  2. Pivot Point

    A technical analysis indicator used to determine the overall ...
  3. Resistance (Resistance Level)

    A chart point or range that caps an increase in the level of ...
  4. Technical Analysis

    A method of evaluating securities by analyzing statistics generated ...
  5. Support (Support Level)

    The price level which, historically, a stock has had difficulty ...
  6. Trendline

    A line that is drawn over pivot highs or under pivot lows to ...
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