Monthly camarilla pivots. Levels on the chart and two potential scenarios
using weekly camarilla pivot points weekly levels. trades on the chart
camarilla pivot points. intraday levels. moves and points on chart
Analysis done with camarilla pivot points leading indicator with linear regression channels on daily timeframe. We have your H3 and your L3. these are the levels we likely range between. they are also best chance to sell or buy local resistance or support for move to the opposing range side or even a breakout of the range itself. between the levels 3 and 4 are...
I dont think it will break this L4 area yet. it might tap it. but I dont know if it is ready for breakage. might bounce to 19 or 19.3 daily or weekly H3. analysis with camarilla pivot points daily and weekly levels and linear regression channel on hourly
Breakout of H4 or L4 can lead to higher or lower pricee like the H5/6 or L5/6. I consider anything between H3 and L3 ranging price action. It is showing a small show of strength in a somewhat oversold enviornment. It still needs to prove itself to either direction first. analysis done with weekly camarilla pivot points, linear regression channels
orange represents ranging PA. green is breakout scenario. red is breakdown scenario
if we are to range you would wanna see a bounce from this L3/4 area up to at least retest H3 area. if we break L4 or H4 more than likely gonna see a big move down or up. linear regression channel on the 4hour is sideways exactly. oascillation is low... but not so low as that it could not go lower. lets see
weekly camarilla. invalidated if under weekly L4. L3 to H3
currently gold has put in a new 2022 low. seems like preparation for Fed rate decision next wk monthly camarila L4 sits around he 1655 threshold
likely correction from H3 to L3. following that L4 and H4 this week holds the doors for a breakout or breakdown of newly established range
vix relatively high cci right under -100. looking for one more test of 1,69x.xx - 1,70x.xx or strsight bust through the L3 post Sept 23rd There is an abundance of macro news coming for the U.S. and EU
could se rejection from camarilla daily H3 or weekly H4 leading towards weekly L3 and possibly lower. invalided with strong break of H4 weekly
sitting on the monthly L4. if we find some bounce support here I would look for a move towards next months H3/pivot for a short opportunity. if we start closing daily candles under L4 I would look for continuation to the end of the month and maybe into next month around 15k area
Yearly cam pivot signals strong trend along with pivot point test and support. H3 breakout H4 target. Invalidates with loss of pivot range tc - bc
H3 to L3 and L3 to H3 are ranging price action. H4 to H5/6 would be breakout play. L4 to L5/6 would be breakdown play. there is confluence with weekly camarilla pivots also with the daily levels as far as targets go.
camarilla pivot points. linear regreassion channel and triangle trendlines on low timeframes