The pivot point can tell the exact levels of input and output, which allows us to invest with a clear plan and, if we want automated. Always try to have other indicators that assist us. For example, if the market stops at the level of one of our S2 pivot points, and another indicator that we have to make a purchase or sale, it's time to enter the market. Or if for example a Fibonacci level coincides with a pivot point will be a strong indicator that our appreciation of the immediate behavior of the market has been correct.
Therefore, the best strategy is to sell at R2 or R3 and Buy at S2, S3, all with an output target of the Pivot Point, the good thing is that pivot points, combining them with our favorite indicators allow us to develop a technique, which no one else uses.
_____WEEKLY____
Weekly - R3 = 1.5980
Weekly - R2 = 1.5874
Weekly - R1 = 1.5772
Weekly Pivot = 1.5666
Weekly - S1 = 1.5564
Weekly - S2 = 1.5458
Weekly - S3 = 1.5356
_____MONTHLY____
Monthly - R3 = 1.6786
Monthly - R2 = 1.6458
Monthly - R1 = 1.6080
Monthly Pivot = 1.5752
Monthly - S1 = 1.5374
Monthly - S2 = 1.5046
Monthly - S3 = 1.4668