Camarilla pivots and CPR on weekly levels. It will likely test the developing purple pivot around weekly close. Because carful if targeting there instead of simply buying because todays price action could alter it to retrace from higher point. average in method might be safer. Also if bullish can wait for weekly close and buy when it tests the new weekly pivot as it likely will.
It may bounce to higher levels in low 62 to 64k area prior to weekly close. if it does the pivot retracement point will be around 58/59
It may bounce to higher levels in low 62 to 64k area prior to weekly close. if it does the pivot retracement point will be around 58/59
Trade closed: target reached