what is the formula of pivot point?

What is the formula of pivot point?

Asalamualikum dear members ummed Hy ap sb bht achi earning hasil kr rhy hon gy.dear members aaj hm apni post mein pivot point k bary mein discussion krein gy. Formula of pivot point : Dear members Basic simple pivot point ko daikhny k liye previous high, low or close ka pta hona chaheay, jis ko es formula mein put kr k pivot point mil jta hy; P.V=High+Low+Close/3. Es k sath resistance, support ka b pta hona chaheay. Es example mein dekha ja skta hy k Eur/Usd mein daily pivot point 1.22400 hy. Ab market jb b Support yeh Resistance yeh wapis ay ge to yeh pivot point tak kary ga k market ke next movement kiya ho ge. Agr Resistance sy wapis honay k bd pivot point ko cross krty howay market na support ko break kiya, to yeh strong sign hy k bearish movement start ho gai or yeh movement jari rhay ge. Ese trha agr support sy price wapis ho k pivot point ko cross krti howi resistance ko break kr gai, to yeh bullish sign hy or bullish movement jari rhy ge . QHow to locate this point : Dear members ksi b trading pair k center ke price ko bola jta hy means k agr eurusd ka pair ke price market open hoty time 1.1500 pr hy or 4,5 hours k bd eur usd ka pair ke price 1.1570 tk chle jati hy to yeh jo nechy wala level or up wala price level yeh support or resistance kehlty hian or hr trading pair up or down price kr k phir ik price py a kr break krta hy to wo price aoqat woh trading pair ki price ki center wali hi price hoti hay to ab eurusd ka pivot point woh price kahlay ge mtlb k eurusd up or down movement kar kay phr 1.1535 yeh 1.1545 tk phir bak price ke trf a jta hy to yeh center wali jo price hy yeh pivot point kehlata hy or yeh mein point hota hy es ko trader ny agr smjh liya to trader forex trading market mein bhtreen profitable trading kr pta hy.or hm achi earning kr skty Hain.