R1, R2, and R3 are resistance levels identified on a chart. These levels are calculated by measuring the distance from the pivot points. If the price action breaks above the pivot point (PP), then R1, R2 and R3 are marked as next targets. They are calculated as follows:
R1 = (2 x Pivot) – Low
R2 = Pivot + (High – Low)
R3 = High + 2x (Pivot – Low)