daily close with pivot roughly 1.5k lower former which most of the time gets struck. safer bet would be to wait for the utc close gets confirmed for that setup. the next 1.5hours of PA can average that up or down. target for scalp or maybe dip buy on that next P or next L3 level. and if it rises before close the next H3 using camarilla pivots on daily levels with would my guess on where reversal happens
Bro, could we known that Where will be the safer support line (S1/S2/S3), appreciates your opinion
Gunslinger2005
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@H2OOO, i made some YouTube vids reguarding the camarilla and cpr. should find link to them and,other free videos explaining what the camarilla levels represent. generally l3 to h3 represents the projected range. the 4s breakout and,stops. the 5 and 6 range break,targets. how i anticipate the retracement to the central,levels is a bit of a phenomenon that,happens with every single daily weekly or monthly close when price is far from new,central pivot. a bit of an unknown and undervalued phenomenon that happens so frequently that it is quite shocking actually. as,for support line l3 is, projected range floor. s4 is,the stoploss breakdown point for every camarilla set of daily levels. and there are also weekly and monthly levels with the same,concept but wider,margins and trade lengths.
sumonst21
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can you tell me what does the reversal means? on that point? a downtrend or up?
Gunslinger2005
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@sumonst21, helloi made some YouTube vids reguarding the camarilla and cpr. should find link to them and,other free videos explaining what the camarilla levels represent. generally l3 to h3 represents the projected range. the 4s breakout and,stops. the 5 and 6 range break,targets. how i anticipate the retracement to the central,levels is a bit of a phenomenon that,happens with every single daily weekly or monthly close when price is far from new,central pivot. a bit of an unknown and undervalued phenomenon that happens so frequently that it is quite shocking actually.