Pivot points are used strategically to catch support and resistance points, thus, helping in identifying areas where reversal of price movement is possible. Support and resistance points attract the maximum amount of buying and selling.
While resistance level is a price point that prevents price from rising further and hence acts as a maximum selling point.
NOTE: This article is for educational purposes only. Kindly learn from it and build your knowledge. We do not advise or provide tips. We highly recommend to always trade using Stop Loss.