What it means

Pivot points turn prior-session prices into a structured set of projected reference levels such as the main pivot, support, and resistance bands.

What to watch

Pivot formulas are not the same as raw prior-session highs and lows. They are derived levels, so traders should not confuse the two workflows.

Where traders usually run into this

Pivot Points matters most when it starts affecting an actual chart read, indicator setting, or workflow choice rather than staying as an abstract definition.

Best next page if this term is blocking you

If you understand the definition but still do not know what to do with it, start with Pivot Levels vs Session Levels. That page is the fastest way to see how pivot points shows up in a real guide workflow.

Pivot Levels vs Session Levels Guide