{"id":526,"date":"2022-01-11T13:44:56","date_gmt":"2022-01-11T13:44:56","guid":{"rendered":"https:\/\/akrokorinthos.gr\/?p=526"},"modified":"2024-12-11T21:01:44","modified_gmt":"2024-12-11T21:01:44","slug":"central-pivot-range-cpr-in-trading-how-to","status":"publish","type":"post","link":"https:\/\/akrokorinthos.gr\/?p=526","title":{"rendered":"Central Pivot Range CPR in Trading: How to Calculate It?"},"content":{"rendered":"

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The pivot range can be used in addition to other price-based indicators, or as a standalone indicator. What makes the range fascinating is that it allows you to analyze the market in a variety of ways, including pivot width analysis, two-day pivot analysis, and pivot trend analysis. CPR lines serve as excellent indicators of trend direction and strength. If the current market price breaks convincingly above the TC line, it confirms a bullish trend. In a buying trend, traders are encouraged to buy a stock when its average price exceeds the TC level. Traders can take the virgin CPR of the previous schedule to act as the support or resistance of the next day, as the prices may move in the opposite direction on touching these support and resistance levels.<\/p>\n<\/p>\n