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 = 1.0712
Weekly - R2 = 1.0546
Weekly - R1 = 1.0381
Weekly Pivot = 1.0215
Weekly - S1 = 1.0050
Weekly - S2 = 0.9884
Weekly - S3 = 0.9719
_____MONTHLY____
Monthly - R3 = 1.1581
Monthly - R2 = 1.1073
Monthly - R1 = 1.0678
Monthly Pivot = 1.0170
Monthly - S1 = 0.9775
Monthly - S2 = 0.9267
Monthly - S3 = 0.8872