POI stands for Point of Interest, which is a technical analysis tool used in trading, particularly in the forex market. It involves identifying specific price levels where the market is likely to experience a significant change in direction. The basic idea behind POI is to identify key levels of support and resistance, which are areas where the price of a currency pair tends to bounce back or reverse. These levels are usually identified through the use of technical indicators such as moving averages, Fibonacci retracements, trend lines, and chart patterns. Once the POI levels have been identified, traders can use them to make informed trading decisions, spot potential buying and selling opportunities, and avoid making emotional trading decisions. By identifying key levels where the market is likely to reverse or bounce back, traders can set their stop-loss orders and take-profit levels accordingly, which helps to minimize losses and maximize profits.